JPMorgan Cuts Banking Ties with Polymarket Over Regulatory Concerns
JPMorgan Chase severed its banking relationship with Polymarket in October 2025 due to regulatory concerns. Despite this, the bank remains open to underwriting the platform if it pursues an IPO. Polymarket has since moved its accounts to another lender but maintains a close relationship with JPMorgan.
Reports behind this story
Articles and publisher reports that informed this story.
JPMorgan cut Polymarket’s banking ties in October but still wants a role in a potential IPO: FT
Polymarket has moved its accounts to a lender the report could not identify but says it still maintains a "close, active relationship" with JPMorgan.
JPMorgan cuts Polymarket banking ties over regulatory concerns: Report
JPMorgan Chase reportedly cut banking ties with Polymarket in October 2025 over regulatory concerns but remains open to an underwriting role if the platform goes public.
JPMorgan ended Polymarket banking relationship in 2025
JPMorgan ended Polymarket’s banking relationship in October 2025 over regulatory concerns, while other ties between the firms continued.
JPMorgan shuttered its banking relationship with predictions platform Polymarket: FT
According to Financial Times, JPMorgan ended its banking relationship with Polymarket in late 2025 over regulatory concerns.



