JPMorgan Cuts Polymarket Banking Ties Amid Regulatory Concerns and $20B Valuation

1 month ago 15

Rommie Analytics

Key Takeaways:

In October 2025, JPMorgan apparently broke its ties with Polymarket because of regulatory issues.
Since then, Polymarket had to switch banking services but still maintains various commercial relationships with JPMorgan.
Sources indicate they are raising in the range of $1 billion and are over $20 billion valued.

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