JPMorgan Mulls Prediction Markets Business

JPMorgan Chase is considering getting into the prediction market business, CEO Jamie Dimon said Tuesday (March 31).

Speaking with CBS Evening News, Dimon said the bank could apply a prediction market model to stocks, allowing customers to choose the circumstances under which they would want to own a stock or part of a stock.

“It’s possible one day we’ll do something like that,” Dimon said. “We’re not going to be in sports, we’re not going to be in politics. There’s a bunch of stuff we won’t do, and obviously we have strict rules around insider information — you cannot use insider information at all, for any reason, including prediction markets, and we’regoing to make that clear to our people here.”

“We’re studying this, about how this is going to work,” Dimon added. “It is kind of an amazing development.”

It was reported in January that interest in prediction markets has gone from a fringe activity to an industry in which platforms such as Polymarket and Kalshi saw their weekly notional volume jump from $500 million in June 2025 to nearly $6 billion in January.

Goldman Sachs Chairman and CEO David Solomon said during a January earnings call that prediction markets are “super interesting,” that he met with the leaders of two big companies in that space over the previous two weeks to learn more, and that people at Goldman Sachs are spending time with those companies.

“When you think about some of these activities, particularly when you look at some of the ones that are CFTC [Commodity Futures Trading Commission] regulated, they look like derivative contract activities, and so I can certainly see opportunities where those cross into our business, and we’re very focused on understanding that, understanding the regulatory structure that’s going to develop around that, seeing where there are opportunities for us to have capabilities or to partner to serve our clients around these,” Solomon said.

It was reported in December 2025 that a Citizens Bank analysis found that prediction markets are becoming an emerging asset class and that they address a key flaw in traditional finance by letting investors trade on events like election results and inflation figures instead of depending on things like futures and exchange-traded funds (ETFs).