Goldman Sachs CEO David Solomon speaks in an interview at the Washington Economic Club on October 30, 2025.
Kevin Lamarque | Reuters
goldman sachs CEO David Solomon said Thursday that the Wall Street investment giant is actively exploring opportunities in prediction markets, signaling growing institutional interest in a corner of finance that is gaining prominence among traders.
“Prediction markets are also very interesting,” Solomon said on Goldman’s fourth-quarter earnings call, according to a FactSet transcript. “I personally met with two large forecasting companies and their leadership in the past two weeks and spent several hours with each to learn more about it. We have a team here and we’re spending time with them and reviewing it.”
Prediction markets like Karshi and Polymarket allow investors to trade contracts related to the outcome of world events, from elections and economic data releases to policy decisions. Goldman’s interest comes as prediction markets have come to prominence amid debates over market transparency and regulatory boundaries.
Some platforms operate under the oversight of the Commodity Futures Trading Commission, and the differences make the products increasingly similar to traditional financial products, Solomon said.
“When you look at some of these activities, especially some of the activities that are regulated by the CFTC, they look like derivatives contracting activities, so we definitely see opportunities for them to intersect with our business,” said the 63-year-old CEO, who has led Goldman since 2018.
Still, Mr. Solomon cautioned about the timing and pushed back on expectations that Wall Street’s acceptance of prediction markets would be rapid.
“I think there’s good reason to be excited and interested in these things,” he says. “But the pace of change may not be as fast or immediate as some experts are talking about. But I think it’s important and it’s real. And we’re spending a lot of time on it.”
Disclosure: CNBC and Kalsi have a commercial relationship.
