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.
Solomon also revealed that in the first weeks of 2026, he had meetings with prediction markets platforms. While Solomon didn’t specify which firms Goldman Sachs met with, his emphasis on regulation suggests CFTC-regulated platforms like Kalshi or Polymarket could be involved.
“I've personally met with the two big prediction companies and their leadership in the last two weeks and spent a couple of hours with each to learn more about that,” Solomon said. “We have a team of people here that are spending time with them and are looking at it.”
He noted he “can certainly see opportunities where [prediction markets] cross into our business, and we’re very focused on understanding that.”
Per Solomon, Goldman is also in active conversations with policymakers in Washington. “Obviously, there’s a lot going on in Washington right now with the Clarity Act. I was actually in Washington on Tuesday speaking to people about things that we think are important to us in the context of the framing of that,” Solomon said.
The Digital Asset Market Clarity Act is a bill that’s seen banks clash with the cryptocurrency industry over a series of factors, including yield and rewards offerings for stablecoins. That brawl has delayed what is seen as one of the industry’s most important bills.
Despite growing interest, Solomon cautioned that adoption will likely take time.
“Sometimes... there’s a lot of reason to be excited and interested in these things, but the pace of change might not be as quick and as immediate as some of the pundits are talking about,” he said.
“But I think they’re important, real, and we’re spending a lot of time [on them].”