JPMorgan CEO: Considering providing predictive market services to investors, but will not venture into sports and politics

According to CBS News, JPMorgan Chase CEO Jamie Dimon revealed that the bank is considering offering prediction market services to clients.

Dimon stated that JPMorgan may launch prediction market services similar to Kalshi and Polymarket in the future, but clearly indicated that it will not venture into sports and politics and will strictly adhere to regulations related to insider information.

When asked about the attributes of prediction markets, Dimon believes they also have investment characteristics in specific areas—participants use deep expertise to judge that their predictions about a certain outcome are superior to those of their opponents.