Goldman Sachs CEO David Solomon speaks during an interview at the Economic Club of Washington on October 30, 2025.
Kevin Lamarque | Reuters
Goldman Sachs CEO David Solomon said Thursday that the giant Wall Street investment bank is actively exploring opportunities in prediction markets, signaling growing institutional interest in an area of finance that has gained increasing traction among traders.
“The prediction markets are super interesting too,” Solomon said on Goldman’s fourth-quarter earnings call, according to a FactSet transcript. “I’ve met personally with the two major forecasting companies and their leadership over the last two weeks and spent a few hours at each learning more about it. We have a team of people here spending time with them looking at it all.”
Prediction markets like Kalshi and Polymarket allow investors to trade contracts tied to the outcome of world events, from elections and economic data releases to political decisions. Goldman’s interest is growing as prediction markets gain visibility amid debates over market transparency and regulatory limits.
Some platforms are regulated by the Commodity Futures Trading Commission, a distinction that Solomon says makes the products increasingly more similar to traditional financial instruments.
“When you think about some of these activities, particularly when you look at some of the ones that are subject to CFTC regulation, they look like derivative contract activities,” said the 63-year-old CEO, who has led Goldman since 2018. “So I definitely see opportunities where these have an impact on our business.”
Still, Solomon cautioned about the timing, refuting expectations that Wall Street would quickly take over the prediction markets.
“I think there are a lot of reasons to be excited and interested in these things,” he said. “But the pace of change may not be as rapid or as immediate as some experts claim. But I think they are important and real. And we are investing a lot of time.”
Disclosure: CNBC and Kalshi have a business relationship.