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AXIOS (Alex Isenstadt) - Vance raises $5 million at big Hamptons event

Vice President Vance hosted a Wednesday evening fundraiser in Southampton, N.Y., for young Republican donors that raised more than $5 million, Axios has learned. Why it matters: The event drew several up-and-coming donors in their 20s and 30s — providing a glimpse into the finance network Vance is assembling ahead of a possible run for president in 2028. The players: The fundraiser, which drew about 35 people, was held at the home of 1789 Capital President Omeed Malik. - Attendees included Donald Trump Jr., Polymarket founder Shayne Coplan and GRV Strategies founder Garrett Ventry. - Cantor Fitzgerald President Brandon Lutnick, the son of Commerce Secretary Howard Lutnick, was also there, along with World Liberty Financial co-founder…

AI:Vice President Vance hosted an exclusive fundraiser in Southampton, New York, raising over $5 million from young Republican donors to strengthen his political network. The event at Omeed Malik's home included high-profile attendees such as Donald Trump Jr., Shayne Coplan, and Brandon Lutnick, signaling the assembly of a robust financial apparatus for a potential 2028 presidential run. Following a reception where guests donated $100,000 to the RNC, an intimate dinner saw contributions of $250,000 per person. Vance's role within the Republican National Committee has facilitated these deep connections with top-tier donors as he prepares for future political decisions expected after the November midterm elections.Open

NYTIMES (David Yaffe-Bellany and William K. Rashbaum) - The ‘Bad Blood’ Between Polymarket’s Shayne Coplan and Kalshi’s Tarek Mansour

Shayne Coplan of Polymarket and Tarek Mansour of Kalshi are young billionaires intent on dominating prediction markets. It’s more than a battle. It’s “bad blood.”