Goldman Sachs is ramping up internal work on tokenization, stablecoins, and CFTC-regulated prediction markets, with CEO David Solomon confirming recent meetings with major prediction market platforms.
Solomon discussed the bank’s interest during Goldman’s fourth-quarter earnings call, saying teams across the firm are focused on how tokenized assets and 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.
Meetings with prediction market platforms
“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.”
Prediction markets such as Kalshi and Polymarket allow traders to buy and sell contracts tied to outcomes of world events, including elections, economic data releases, and policy decisions. Some platforms operate under the oversight of the Commodity Futures Trading Commission, which Solomon said makes the products comparable to established financial instruments.
“When you think about some of these activities, particularly when you look at some of the ones that are CFTC regulated, they look like derivative contract activities,” Solomon said. “So I can certainly see opportunities where these cross into our business.”
Solomon said Goldman is also assessing other crypto-adjacent technologies tied to tokenization and stablecoins. He said there is a “big team of people spending a lot of time with senior leadership and doing a lot of work” to evaluate prediction markets, tokenization, and related areas, including how they can “expand or accelerate” Goldman’s business.
Washington focus and timing
“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 has drawn conflict between banks and the cryptocurrency industry over multiple issues, including yield and rewards offerings related to stablecoins. The dispute has delayed what is seen as one of the industry’s most important bills.
Solomon cautioned that adoption may 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].”
Original article: https://www.yogonet.com/international/news/2026/01/16/117175-goldman-tracks-tokenized-assets-and-prediction-market-contracts
