Trump Jr.'s Firm Invests in Billion-Dollar Predictions Market Polymarket
Summary
Donald Trump Jr.'s venture firm invests millions in Polymarket, a $1 billion predictions market that acquires CFTC-licensed QCEX, clearing regulatory hurdles for potential U.S. expansion.
Key Points
- Donald Trump Jr.'s venture capital firm invests millions of dollars in Polymarket, a predictions market recently valued over $1 billion
- Polymarket acquires derivatives exchange QCEX, gaining a CFTC license to potentially operate legally in the U.S.
- The Department of Justice and CFTC close investigations into Polymarket, clearing the way for its U.S. market entry