Polymarket hires former Goldman Sachs partner as institutional head

Polymarket: Polymarket operates a prediction market platform that allows trading on outcomes of events across politics, economics, sports, and other categories. The company has been expanding its U.S. operations and pursuing institutional clients following the launch of its regulated exchange. It recently hired a veteran from Goldman Sachs to lead institutional growth efforts as part of its push to court Wall Street participants. Goldman Sachs: Goldman Sachs is a global investment bank offering services in trading, asset management, and advisory across financial markets. The firm has long been a source of senior talent for fintech and emerging financial platforms. A former partner from Goldman Sachs was appointed by Polymarket to head its institutional growth division. Sector Expansion: Prediction market platforms are extending into traditional financial areas such as equity-linked contracts while pursuing partnerships with Wall Street firms. Institutional Focus: Prediction markets are increasingly seeking to deepen institutional liquidity after initial growth driven by retail traders.