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Goldman Sachs Intensifies Crypto and Prediction Markets Research Efforts, CEO Solomon Reveals
Source: CryptoNewsNet Original Title: Goldman is ‘spending a lot of time’ on crypto, prediction markets efforts, CEO Solomon says Original Link: Goldman Sachs is ramping up its research and internal discussions around crypto-adjacent technologies, including tokenization and prediction markets, according to CEO David Solomon.
Solomon, speaking during the firm’s fourth quarter earnings call, said the firm is closely watching how tokenized assets and CFTC-regulated prediction markets could fit within Goldman’s trading and advisory operations.
“They’re both things that we have an enormous number of people at the firm extremely focused on: tokenization, stablecoins,” Solomon said.
He added there’s a “big team of people spending a lot of time with senior leadership and doing a lot of work” to figure out how tokenization, prediction markets, and other crypto-adjacent technologies can “expand or accelerate” Goldman’s business.