Goldman Sachs is increasing its focus on crypto-adjacent technologies, particularly tokenization and prediction markets, as part of its strategic exploration, according to CEO David Solomon. During the firm's fourth-quarter earnings call, Solomon highlighted the firm's commitment to understanding how these technologies could enhance Goldman’s trading and advisory operations. He noted that a dedicated team is actively engaging with senior leadership to explore these opportunities.
Solomon revealed that he has recently met with leaders from major prediction market platforms, potentially including CFTC-regulated entities like Kalshi or Polymarket, to assess their integration into Goldman’s business. Additionally, Goldman Sachs is in discussions with policymakers in Washington regarding the Digital Asset Market Clarity Act, which is pivotal for the future of stablecoin regulations. Despite the enthusiasm, Solomon cautioned that the adoption of these technologies may progress slower than anticipated.
Goldman Sachs Intensifies Focus on Tokenization and Prediction Markets
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