A consortium of major banks including Goldman Sachs Group Inc. (NYSE:GS), Citigroup Inc. (NYSE:C), UBS Group AG (NYSE:UBS), Deutsche Bank AG (NYSE:DB), and Bank of America Corp. (NYSE:BAC) announced plans to explore blockchain-based assets pegged to G7 currencies, according to Reuters. Wall Street Backs Blockchain Assets The joint initiative aims to develop tokenized settlement systems backed by the U.S. dollar, euro, and other G7 currencies.