JPMorgan Chase intends to seek underwriting rights for Polymarket IPO

JPMorgan notified Polymarket to suspend cooperation in October 2025 due to regulatory concerns, and Polymarket subsequently transferred its banking business to other institutions. In February of this year, JPMorgan invited Polymarket CEO Shayne Coplan to give a speech at a private banking conference in Miami, expressing JPMorgan's intention to secure an underwriting role for Polymarket's future IPO. Polymarket emphasizes its close and active relationship with JPMorgan Chase in the substantive handling of multiple entities, operational integration, and customer cash flows.