Goldman Sachs CEO explores prediction markets

The head of investment bank Goldman Sachs, David Solomon, on January 15 said during the company’s Q4 investor call that over the past two weeks he had personally held business meetings with executives from two major prediction market platforms, spending several hours with each.

Talks with prediction market platforms

David Solomon did not name the companies directly, but according to media reports, the platforms involved were Kalshi and Polymarket.

The Goldman Sachs CEO said the meetings focused on understanding how prediction markets operate and on exploring possible forms of participation by Goldman Sachs in this segment.

Goldman Sachs’ interest in prediction markets

Solomon noted that the bank has formed an internal team tasked with analyzing the platforms and assessing potential options for involvement.

He emphasized that prediction markets are attracting growing interest from institutional players and increasing attention from traders.

Regulation and similarities to financial instruments

Regulatory oversight

Some prediction market platforms operate under the supervision of the U.S. Commodity Futures Trading Commission (CFTC), which, according to Solomon, makes these products more comparable to traditional financial instruments.

He pointed out that in certain cases such contracts are structurally similar to derivatives, creating opportunities for overlap with the investment bank’s existing business.

Timing and the bank’s approach

At the same time, the Goldman Sachs CEO said the bank does not expect Wall Street to enter prediction markets quickly.

According to him, interest in this segment is justified, but changes will occur gradually, and the bank’s team will continue to study the market closely.

Goldman Sachs was founded in 1869, ranks 20th in the Forbes Global 2000 for 2025, and is among the world’s largest investment banks by revenue.