Overview
- On the Q4 earnings call, David Solomon said he met with leaders of two major prediction platforms in the past two weeks to learn more about their models.
- Goldman has a dedicated team engaging with prediction-market companies and assessing potential client offerings.
- The bank is studying CFTC-regulated event contracts that Solomon said resemble derivatives and could intersect with Goldman’s core activities.
- Solomon emphasized a measured timeline, saying change is real yet unlikely to unfold as quickly as some expect.
- Interest follows rising volumes on platforms such as Kalshi and Polymarket under expanding CFTC oversight, alongside heightened scrutiny of trading practices.