The Trump family really hasn't had a moment's rest!!!! Crazy moves in the cryptocurrency market

Donald Trump Jr. has really made his move—his firm 1789 Capital has just invested tens of millions of dollars into Polymarket, the world's largest prediction platform, pushing its valuation over $1 billion.

Axios exclusive report: 1789 Capital partner Donald Trump Jr. will join the Polymarket advisory board. Polymarket CEO Shayne Coplan said, “With the regulatory investigation concluded, we are bringing the platform back to the U.S., allowing Americans to legally trade on opinions.”

Three things make this investment particularly explosive

1 Real entry into the U.S.

Polymarket spent $112 million to acquire QCEX, which has obtained a CFTC license, essentially buying itself a “ticket to enter the U.S.”

2 Regulatory concerns cleared

The U.S. Department of Justice and CFTC concluded all investigations last month, and the FBI, which raided the CEO's apartment last year, also closed the case with “no wrongdoing.”

3 Family bets double

Donald Trump Jr. previously served as a strategic advisor for Kalshi, and now he's betting on both Polymarket, placing chips on both sides.

Five advantages of Polymarket in the U.S. market

1 License protection: With the CFTC license in hand, U.S. users no longer need to “climb over the wall.”

2 Traffic entry: $1.5 billion in bets on a single topic for the 2024 election, hot topics naturally draw attention.

3 Zero entry barrier: Bets can be placed in 30 seconds using credit cards or Apple Pay, with very low fees.

4 Deep liquidity pool: AMM market making allows for hundreds of thousands in and out of popular markets with almost no slippage.

5 Community think tank: Comments + real-time odds, discussion volume surpasses Quora, betting and gossip go hand in hand.

As the saying goes, having a license, backing, and experience—Polymarket is ready to turn “betting on elections” into a serious big business.