JPMorgan Chase ends its banking relationship with crypto prediction platform Polymarket, according to reports from the Financial Times and Cointelegraph. The moves are described as taking place in late 2025 and in October 2025, respectively, with the bank citing regulatory concerns.
Both outlets frame the decision as related to compliance and regulatory risk rather than to any single commercial dispute. Cointelegraph adds that JPMorgan remains open to a potential underwriting role if Polymarket goes public, suggesting the bank is willing to reassess its involvement under different regulatory and market conditions.
While the core point—JPMorgan cutting banking ties with Polymarket for regulatory reasons—is consistent across sources, the outlets differ slightly on timing details (late 2025 versus October 2025) and on what JPMorgan might do next. The reports do not provide further specifics on the exact banking services affected or on the precise nature of the regulatory concerns.
