- Goldman Sachs CEO, David Solomon, has revealed for the primary time he personally owns Bitcoin, saying he owns “little or no” of the OG cryptocurrency.
- Solomon’s feedback got here throughout his look on the World Liberty Discussion board 2026, an occasion focussed on the Trump family-owned DeFi undertaking World Liberty Monetary at Mar-a-Lago on Wednesday.
- Solomon additionally stated that Goldman Sachs’ direct involvement with crypto has been very restricted by regulatory constraints till not too long ago.
The CEO of Goldman Sachs, David Solomon, has revealed for the primary time that he personally owns Bitcoin.
Solomon’s large reveal got here throughout feedback made on Wednesday on the World Liberty Discussion board 2026, held at Donald Trump’s Mar-a-Lago resort.
“I’m nonetheless attempting to determine how Bitcoin behaves. I personal somewhat bitcoin, little or no,” Solomon told the viewers.
He didn’t specify how a lot he considers “little or no” Bitcoin to be. Solomon is named a high-profile supporter of blockchain expertise however a skeptic of cryptocurrencies themselves, doubting they’ve any actual worth.
“I’ve all the time stated I believe it’s a speculative funding,” Solomon told CNBC’s Squawk Field in 2024, including that he didn’t see any breakthrough use circumstances for Bitcoin apart from maybe as a retailer of worth. He stated on the time: “there very nicely could possibly be a retailer of worth case.”
The Goldman Sachs CEO was a part of a listing of distinguished figures to seem on the World Liberty Discussion board occasion to debate and promote the controversial Trump family-owned DeFi undertaking, World Liberty Financial (WLFI). Different visitors included Coinbase CEO Brian Armstrong and rapper Nicki Minaj.
In January, it was reported that simply earlier than Donald Trump’s inauguration in 2025, WLFI secretly cut a deal selling a 49% stake within the undertaking valued at US$500 million (AU$708m) to Sheikh Tahnoon bin Zayed Al Nahyan, a determine with shut hyperlinks to the United Arab Emirates Royal household. It has additionally been reported that a part of the deal included giving the UAE entry to tightly restricted high-powered AI laptop chips.
Home Democrats in February launched a probe to examine the details of the deal, with Consultant Ro Khanna claiming that the deal is “not only a scandal, however could even signify a violation of a number of legal guidelines and the US Structure.”
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Goldman Sachs’ Curiosity in Crypto Restricted By Regulation “Up Till 10 Minutes In the past,” Says Solomon
Requested if Goldman Sachs holds Bitcoin or different digital belongings in its funding portfolio, Solomon didn’t reply straight, as a substitute explaining that regulation has restricted what the agency can do round digital belongings.
“Up till 10 minutes in the past the regulatory construction was extraordinarily prohibitive on what we may do as principal,” he stated. “That regulatory construction is evolving, however while you speak about crypto belongings particularly we’ve been very restricted up till very not too long ago as to what we are able to do.”
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Solomon went on to make clear that Goldman Sachs’ method to digital belongings is extra about permitting its shoppers to spend money on what they need, how they wish to, quite than investing in these belongings itself.
“The centre of how we take into consideration that is ‘we’ve shoppers, our shoppers have wants, we’re right here to serve our shoppers, we’re not right here to behave because the principal.’”
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