JPMorgan Debanked Polymarket Over Regulatory Concerns, But Eyes Role in Potential IPO: Report
JPMorgan reportedly ended its banking relationship with Polymarket over regulatory concerns, while still eyeing a potential IPO role.
JPMorgan stopped banking with Polymarket because of worry about rules, but might still help if Polymarket goes public (sells shares to people). This shows big banks are careful about new kinds of money businesses, but might work with them when things are clearer.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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