David Solomon, CEO of Goldman Sachs, revealed that he owns “a very small, yet some amount” of bitcoin. He made this statement during the World Liberty Forum, as reported by CoinDesk.
The entrepreneur noted that he is closely monitoring the leading cryptocurrency as part of broader changes in financial technology.
While Goldman Sachs maintains a “cautious approach” to digital assets, the firm’s leadership views cryptocurrencies as part of future progress, Solomon added. In his opinion, market evolution is achieved through large-scale technological platforms, with tokenization playing a central role.
He also dismissed the notion that traditional banks and crypto companies are engaged in a battle with no winners.
“It is one system, it is our system. We have to do it right. But there will be disagreements, and that’s okay,” emphasized the CEO of Goldman Sachs.
However, while other banking giants like JPMorgan and Morgan Stanley are actively entering the digital asset space, Goldman Sachs’ involvement remains limited. Solomon cited regulation as the primary reason for this situation.
“Just 10 minutes ago, the regulatory framework was extremely strict,” he joked.
The businessman suggested that as regulators begin to grant companies more freedom to “participate more actively” in the crypto industry, Goldman Sachs might reconsider its stance.
Back in January, Solomon stated that digital gold does not threaten the dollar’s status as a reserve currency, remaining a speculative asset.