Goldman Sachs

CEO David Solomon said Thursday the giant Wall Street investment bank is actively exploring opportunities in prediction markets, signaling growing institutional interest in a corner of finance that has gained increased traction among traders.

“The prediction markets are also super interesting,” Solomon said on Goldman’s fourth-quarter earnings call, according to a FactSet transcript. “I 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. We have a team of people here that are spending time with them and are looking at it.”

Prediction markets like Kalshi and Polymarket allow investors to trade contracts tied to the outcome of world events, ranging from elections and economic data releases to policy decisions. Goldman’s interest comes as prediction markets gain visibility amid debates over market transparency and regulatory boundaries.

Some platforms operate under the oversight of the Commodity Futures Trading Commission, a distinction that Solomon said makes the products look increasingly similar to traditional financial instruments.