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.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
9 Likes
Reward
9
5
Repost
Share
Comment
0/400
WagmiOrRekt
· 10h ago
Goldman Sachs has really moved... Now the prediction market is about to be taken over by the "mainstream" players.
View OriginalReply0
IntrovertMetaverse
· 10h ago
Goldman Sachs is really here, now the prediction market is about to take off. Let's wait and see more major institutions follow suit.
View OriginalReply0
RektCoaster
· 10h ago
Is Goldman Sachs really starting to play the prediction market? Wait, does this mean those small platforms we've been involved with are about to take off...
View OriginalReply0
RamenStacker
· 10h ago
Goldman Sachs is about to enter the market to harvest profits. The predicted market is really about to take off.
View OriginalReply0
ZenMiner
· 10h ago
Goldman Sachs CEO personally steps in... Is this really taking off, or just another prelude to a new round of profit-taking?
The entry of traditional financial giants can indeed boost legitimacy, but I think it's mostly driven by interests. Don't be fooled by the words "very interesting."
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.