JPMorgan Ends Banking Relationship With Polymarket Over Regulatory Concerns
JPMorgan Chase reportedly cut banking ties with prediction-market platform Polymarket in October 2025, though it retains other links to the firm.
AfroEuropa Newsroom
AfroEuropa desk
JPMorgan Chase ended its banking relationship with the prediction-market platform Polymarket in October 2025, citing regulatory concerns, according to a Financial Times report cited by Cointelegraph and BitKE. The bank reportedly instructed Polymarket to secure another lender, which the platform has since done.
Despite the split, JPMorgan is said to have maintained other connections with Polymarket, including operational relationships and possible capital-markets business. Cointelegraph reported that the bank remains open to an underwriting role should the platform pursue a public listing.
Keep reading
Bitcoin Tops $69,000 and Ether Jumps 18% in Broad Crypto Rally
Bitcoin climbed nearly 8% and Ether gained about 18% over 24 hours as roughly $1.4 billion in short positions were liquidated and the U.S. Treasury doubled its bond buybacks.
Other highlights
Google Pixel 11 Reaches Retail as US Carriers Roll Out Deals
The Pixel 11 series moved from pre-order to full availability on August 20, with US carriers including T-Mobile promoting free handset offers tied to plans and trade-ins.
Follow the story
One newsletter, two continents
The Bridge brings you the tech, startups, and leaders moving between Africa and Europe in one sharp email each morning. No spam, unsubscribe anytime.
