Goldman is 'spending a lot of time' on crypto, prediction markets efforts, CEO Solomon says

Goldman Sachs CEO David Solomon announced that the firm is dedicating significant time to cryptocurrencies and prediction markets. This statement underscores the growing importance of digital assets within the financial sector and their potential as financial products. Specifically, the firm views cryptocurrency tokenization and prediction markets as key growth areas and has met with prediction market platforms to explore how such technologies can fit into their business model. This approach is attracting attention amid heightened investor interest in digital assets, suggesting a potential trend if similar financial institutions follow suit. The developments regarding digital assets are critical as part of the strategy to expand their customer base.