Morgan Chase terminated its banking relationship with Polymarket for regulatory reasons

According to the Financial Times, in October 2025, Chase Morgan informed Polymarket, the forecast market platform, about regulatory issues and asked him to look for new banks. Nevertheless, Chase Morgan maintains other links with Polymarket and is allegedly concerned about Polymarket ' s future listing role. Polymarket states that it still maintains a “close and dynamic relationship” with Morgan Chase. Polymarket is currently working with an undisclosed lender. The market is projected to face increasingly stringent regulatory reviews in the United States and other countries, with more than 10 U.S. states having taken legal action against Polymarket and Kalshi in relation to sports contracts, while regulators in several countries have restricted or prevented access to Polymarket。