The era of prediction markets has officially reached the highest echelons of global finance. During the Goldman Sachs (NYSE:GS) earnings call on Thursday, CEO David Solomon confirmed that the firm is actively exploring the rapidly growing sector.
Prediction Markets = “Super Interesting”
Prediction markets are no longer relegated to the fringes of the internet and are moving into the mainstream.
Solomon’s remarks might even suggest that Goldman Sachs sees a path toward legitimizing them as a core financial product.
“I think the prediction markets are also super interesting,” Solomon told analysts on the earnings call. “I personally met with two big prediction companies in their leadership in the last two weeks and spent a couple of hours with each… to learn more about that.”
Solomon revealed that …