ChainThink reports that on August 17, according to relevant sources, JPMorgan Chase is interested in securing a lead underwriting role for Polymarket’s future IPO.
Previously, JPMorgan notified Polymarket in October 2025 to terminate their partnership due to regulatory concerns.
Polymarket subsequently transferred its banking services to another undisclosed lending institution, but the connection between the two parties has not been fully severed.
In February this year, JPMorgan invited Polymarket CEO Shayne Coplan to attend its private bank’s high-net-worth client meeting in Miami. According to knowledgeable sources, JPMorgan did not wish to completely sever ties.
Polymarket disputes the claim that relations have been widely severed, stating that it maintains close, active relationships with JPMorgan across multiple entities, operational integrations, and customer fund flow handling.