JPMorgan Chase reportedly reduce banking ties with Polymarket in October 2025 over regulatory considerations however stays open to an underwriting position if the platform goes public.
JPMorgan Chase ended a banking relationship with Polymarket over regulatory considerations, in keeping with the Monetary Instances.
JPMorgan notified the prediction market platform in October 2025 that it wanted to discover a new financial institution, the Monetary Instances reported Friday, citing folks aware of the matter. Polymarket now works with one other unnamed lender.
Nonetheless, JPMorgan has maintained different ties with Polymarket. The financial institution is allegedly eager on a possible underwriting position ought to Polymarket try to go public. Polymarket reportedly stated that it continues to have a “shut, energetic relationship” with JPMorgan.
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