Goldman Sachs CEO personally takes action to study and forecast the market, with traditional financial institutions entering to boost industry legitimacy

【Blockchain Rhythm】 Recently, there has been a major development on Wall Street—Goldman Sachs is seriously researching and predicting the market. The group’s CEO, Solomon, took direct action, personally meeting with the heads of the two largest prediction market companies in this field within the past two weeks. During the latest earnings call, he openly stated that this “is very interesting,” and also revealed that the company already has a dedicated team following up on this matter.

What does this mean? The participation of traditional Wall Street financial giants can directly enhance the overall legitimacy of prediction markets—after all, this field has historically been under relatively lenient regulation, but it is growing rapidly. Market participation and trading depth are expected to increase. In fact, some market-making teams have long sensed the opportunity and have been gradually joining this competition. Goldman Sachs’ move may encourage more institutions to follow suit.