Goldman Sachs is increasing its focus on tokenization, stablecoins, and prediction markets. CEO David Solomon revealed that a "large team" is actively evaluating how these technologies can expand the bank's core business. Solomon recently met personally with leaders of two major prediction market companies to explore potential collaboration opportunities. He emphasized that these technologies are "important" and "feasible," but also cautioned that their widespread adoption may take some time. Additionally, Goldman Sachs is actively engaging with policymakers in Washington on key regulatory bills such as the Digital Asset Market Transparency Act.
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Goldman Sachs is increasing its focus on tokenization, stablecoins, and prediction markets. CEO David Solomon revealed that a "large team" is actively evaluating how these technologies can expand the bank's core business. Solomon recently met personally with leaders of two major prediction market companies to explore potential collaboration opportunities. He emphasized that these technologies are "important" and "feasible," but also cautioned that their widespread adoption may take some time. Additionally, Goldman Sachs is actively engaging with policymakers in Washington on key regulatory bills such as the Digital Asset Market Transparency Act.