Goldman Sachs targets asset tokenization, prediction markets as next growth areas

Goldman Sachs is accelerating its integration of asset tokenization and prediction markets, identifying them as key future growth areas, CoinDesk reported. CEO David Solomon stated that the bank is in direct contact with leaders of major prediction market platforms to explore potential collaborations. He also noted that Goldman Sachs has communicated its views on the proposed crypto market structure bill (CLARITY) to policymakers in Washington. The investment bank is currently building out related infrastructure, anticipating that institutional adoption of cryptocurrencies will begin in earnest this year, provided that clear regulations are established.