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      1789 Capital to Invest $300 Million in Polymarket, Valuation Expected to Reach $21 Billion

      1789 Capital, led by Donald Trump Jr., is set to invest an additional approximately $300 million in the prediction market platform Polymarket. This investment is part of a larger financing round totaling $1 billion, which 1789 Capital is spearheading. If the investment is finalized, Polymarket's valuation could rise to around $21 billion.

      Previously, 1789 Capital invested about $200 million in Polymarket, positioning itself as one of the platform's largest investors. Currently, the Intercontinental Exchange (ICE) holds the largest stake in Polymarket, with shares valued at $1.6 billion, representing about 22% of the company's outstanding shares.

      © 2026 KLEA News. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

      Source: KLEA News

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      Terra Founder Do Kwon Sentenced to 15 Years in Prison for Fraud