Polymarket reportedly receives $300 million from 1789 Capital

Polymarket has reportedly raised $300 million from 1789 Capital as part of a funding round totaling about $1 billion, according to The Wall Street Journal's unnamed sources. 1789 Capital, whose partners include Donald Trump Jr., had previously invested $200 million in the prediction-market operator. Polymarket had not commented when TechCrunch published the report. The report comes amid state litigation and competing claims over federal and state oversight of prediction markets.