Goldman Sachs Expands Focus on Tokenization and Prediction Markets, Says CEO David Solomon

Goldman Sachs is significantly increasing its research and internal discussions around crypto-adjacent technologies, with a particular focus on tokenization, stablecoins, and regulated prediction markets, according to CEO David Solomon. Speaking during the firm’s fourth-quarter earnings call, Solomon highlighted that these emerging technologies are becoming a major strategic priority for the global investment bank.

Solomon explained that Goldman Sachs is closely examining how tokenized assets could integrate into its existing trading and advisory businesses. Tokenization, which involves representing real-world assets on blockchain networks, is seen as a potential way to improve efficiency, liquidity, and settlement processes in financial markets. He emphasized that a large number of employees, including senior leadership, are deeply involved in evaluating how tokenization and stablecoins could expand or accelerate Goldman’s core operations over time.

In addition to tokenization, prediction markets are also drawing significant attention from the firm. Solomon revealed that in early 2026 he personally met with the leadership of two major prediction market platforms to better understand their business models and regulatory frameworks. While he did not name the companies, his comments suggested that CFTC-regulated platforms such as Kalshi or Polymarket could be among those involved. He noted that Goldman sees potential areas where prediction markets could intersect with its existing businesses and is actively studying those opportunities.

Regulatory clarity remains a key factor in Goldman’s crypto strategy. Solomon confirmed that the firm is in ongoing discussions with U.S. policymakers, particularly around the Digital Asset Market Clarity Act. This proposed legislation has been a point of contention between traditional banks and the cryptocurrency industry, especially regarding stablecoin yields and rewards. Solomon said he recently traveled to Washington to communicate Goldman’s priorities and concerns as the bill continues to evolve.

Despite the growing interest and investment, Solomon cautioned that widespread adoption of these technologies may take longer than some market observers expect. Still, he stressed that tokenization, stablecoins, and prediction markets are real, important developments that Goldman Sachs is taking seriously as part of its long-term strategy in digital assets and financial innovation.