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JPMorgan Ends Polymarket Banking Relationship but Keeps Door Open to Future IPO Role
JPMorgan Chase has ended its banking relationship with prediction-market platform Polymarket but remains willing to participate in a potential initial public offering by the company. The New York-based bank reportedly cut ties with Polymarket over regulatory concerns, telling the company in October that it would need to find another banking partner. Polymarket subsequently transferred its accounts to an unidentified lender. Despite the change, the relationship between the two
Aug 183 min read
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