🚨 NEW: JPMORGAN JUST DEBANKED POLYMARKET. 🏦
JPMorgan reportedly ended its banking relationship with Polymarket last year over regulatory concerns, forcing the prediction-market giant to find a new lender while remaining under scrutiny.
But here’s where it gets interesting
JPMorgan has reportedly maintained other business ties with Polymarket despite cutting its banking relationship.
Meanwhile, Polymarket is reportedly targeting a $20 BILLION valuation and potentially eyeing an IPO.
A major Wall Street bank cutting banking ties…
While still doing business with the same company.
The prediction-market industry is entering uncharted territory.
Wall Street may be skeptical of Polymarket but it clearly isn’t ignoring it.
#Polymarket #JPMorgan #PredictionMarkets #Crypto #Finance
JPMorgan reportedly ended its banking relationship with Polymarket last year over regulatory concerns, forcing the prediction-market giant to find a new lender while remaining under scrutiny.
But here’s where it gets interesting
JPMorgan has reportedly maintained other business ties with Polymarket despite cutting its banking relationship.
Meanwhile, Polymarket is reportedly targeting a $20 BILLION valuation and potentially eyeing an IPO.
A major Wall Street bank cutting banking ties…
While still doing business with the same company.
The prediction-market industry is entering uncharted territory.
Wall Street may be skeptical of Polymarket but it clearly isn’t ignoring it.
#Polymarket #JPMorgan #PredictionMarkets #Crypto #Finance