According to (AXIOS) reports, the eldest son of U.S. President Donald Trump, Donald Trump Jr., who heads 1789 Capital, has invested tens of millions of dollars in the decentralized prediction market Polymarket. (Background: Polymarket spent $112 million to acquire the exchange QCEX, securing compliance for U.S. operations; what's next, a token issuance?) (Additional context: Polymarket released a new version of its oracle, allowing only those on the 'efficiency whitelist' to propose listings.) According to (AXIOS) reports, Donald Trump Jr. has also joined the advisory board of Polymarket. Political capital knocks on the door, and the prediction market turns a new page. The report indicates that Polymarket currently has over $6 billion in cumulative trading volume and has surpassed a valuation of $1 billion. Previously, Polymarket was restricted by U.S. regulations, creating barriers for U.S. users, but now, with the entry of 1789 Capital, it symbolizes a political endorsement for the prediction market in the 'Trump 2.0' atmosphere. In order to re-enter the U.S. market, Polymarket also acquired the compliant derivatives exchange QCEX for $112 million and renamed it Polymarket US. At the same time, the investigations by the U.S. Department of Justice and the CFTC into Polymarket have concluded, and Polymarket's Chief Compliance Officer Matthew Childers has submitted a complete set of rule revisions to the CFTC that cover participant qualifications, transparency, and conflict of interest handling, allowing Polymarket to officially transition from a gray area into the federal compliance regulatory framework. Omeed Malik, founder of 1789 Capital, also pointed out: 'Compliance is the prerequisite for attracting long-term capital, and Polymarket is also qualified for a future IPO.' It is also worth mentioning that there was speculation in the community that Polymarket might plan to launch its own native cryptocurrency (for example, (The Information) reported that Polymarket is considering issuing tokens to enhance market operation or as a financing tool). With the compliance license in hand and the arrival of Trump Jr.'s investment, the community has begun to speculate that the time for Polymarket to issue tokens may be approaching rapidly. A duel of titans: On-chain innovation vs. traditional compliance. The U.S. prediction market is currently dominated by two major platforms. Kalshi has long held a CFTC license and employs a traditional off-chain structure, with a valuation of about $2 billion; Polymarket, on the other hand, relies on blockchain decentralized technology and only established compliance thresholds after acquiring QCEX. Both companies have attracted attention during the 2024 U.S. election period with high accuracy, but it is interesting to note that Trump Jr. is also a strategic advisor to Kalshi, highlighting the intertwined capital networks in this competition. With political capital in place and a CFTC license secured, the race between Polymarket and Kalshi has entered a new chapter. Perhaps for investors and observers, now is a key moment to reassess the financial value and risks of such platforms. Related reports: Is Elon Musk paving the way for cryptocurrency? X platform partners with prediction market Polymarket. Polymarket predicts Ethereum trends: 76% of investors believe it will break $3,300 in July. Polymarket surprises with a '2025 Jesus Christ's return' prediction market, and the community jokes: Can the winnings be taken to heaven? 'Donald Trump Jr. reportedly invests tens of millions in Polymarket; will compliance licenses + political capital help Polymarket issue tokens or IPO?' This article was first published on BlockTempo (the most influential blockchain news media).