Goldman Sachs: 'Asset tokenization and prediction markets are the next engines of growth'

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JH Kim

Summary

  • Goldman Sachs was reported to have designated asset tokenization and prediction markets as core next-generation growth drivers and is accelerating the integration of related businesses.
  • CEO David Solomon said he is exploring cooperation with leaders of major prediction-market platforms and conveyed the firm’s views in Washington on the digital asset market structure bill (the CLARITY Act).
  • Goldman Sachs reportedly expects that, if a clear regulatory framework is established, institutional investors’ adoption of digital assets will gather momentum in earnest starting this year, and it is building out related infrastructure.

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According to CoinDesk, a media outlet specializing in digital assets (cryptocurrencies), Goldman Sachs has designated asset tokenization and prediction markets as core next-generation growth drivers and is accelerating the integration of related businesses.

According to the report, Goldman Sachs CEO David Solomon said, "We are in direct contact with leaders of major prediction-market platforms to explore cooperation, and we have also conveyed our views in Washington on the digital asset market structure bill (the CLARITY Act)."

Goldman Sachs reportedly believes that if a clear regulatory framework is established, institutional investors’ adoption of digital assets will begin to accelerate in earnest starting this year, and it is said to be building out related infrastructure in preparation.

Photo=Shutterstock
Photo=Shutterstock
JH Kim

JH Kim

reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
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