JPMorgan ends Polymarket banking relationship but may pursue IPO role
JPMorgan ended its banking relationship with Polymarket last year over regulatory concerns but remains open to underwriting a potential IPO, reportedly. Polymarket has not announced an IPO or filed to go public, and said it maintains an active relationship with the bank across multiple entities and operational arrangements.
Polymarket’s banking relationship ended over regulatory concerns, while a potential IPO underwriting role remains unannounced and uncertain.