JPMorgan Chase (NYSE:JPM) reportedly ended its banking relationship with Polymarket in late 2025 over regulatory concerns, highlighting the challenges prediction-market companies face as the industry rapidly expands in the U.S.
Polymarket was asked by JPMorgan in October to seek a new banking partner amid regulatory concerns. The prediction market platform has since secured a new lender, whose identity has not been disclosed, according to a report by the Financial Times.