The United States Treasury and Japanese government coordinated currency market intervention to halt the yen's slide to its lowest level against the dollar in 40 years, marking Washington's first yen-buying intervention since 2011. The Federal Reserve Bank of New York executed the operation through Goldman Sachs and Morgan Stanley.
Goldman Sachs CEO David Solomon endorsed the Digital Asset Market Clarity Act on July 23, splitting from major banking trade groups who oppose the bill's stablecoin provisions. Solomon argued the legislation would provide needed regulatory certainty.
The Depository Trust & Clearing Corporation processed live production trades involving tokenized stocks, ETFs, and U.S. Treasurys with nearly 40 financial firms including JPMorgan, BlackRock, Goldman Sachs, and Vanguard, marking Wall Street's largest tokenization initiative to date.
Launched on July 15, 2026, Ode with Anthropic is a $1.5 billion enterprise AI services firm backed by Anthropic, Blackstone, Hellman & Friedman, Goldman Sachs, and others, built on the acquisition of Fractional AI to deploy engineers directly into mid-sized companies.
HM Treasury announced a wholesale digital markets taskforce including 54 firms backed by the City of London Corporation. BlackRock, JPMorgan, Goldman Sachs, Morgan Stanley, and Ripple are among participants. The UK government estimates tokenized financial markets could add £33 billion ($44 billion) to annual economic output by 2035.
Europe's largest-ever defense startup funding round, with Munich-based Helsing securing $1.8 billion in Series E capital at an $18 billion valuation, led by Dragoneer and Lightspeed, with participation from Goldman Sachs Alternatives, ICONIQ, JPMorgan Chase, and Canada Pension Plan Investment Board.
BlackRock has filed what appears to be the final amendment with the SEC for its iShares Bitcoin Premium Income ETF (BITA), a covered-call product charging 65 basis points that will trade on Nasdaq. The launch sets up a race with Goldman Sachs to bring the first major yield-paying Bitcoin ETF to market.
Goldman Sachs completely exited its XRP and Solana ETF positions in Q1 2026 while reducing Ethereum ETF holdings by approximately 70%. The firm maintained approximately $700 million in Bitcoin ETF exposure.
Anthropic is closing a $1.5 billion joint venture with Blackstone, Goldman Sachs, and other Wall Street firms to sell AI tools to private-equity-backed companies. OpenAI is launching a similar enterprise-focused joint venture with asset managers.
SpaceX has confidentially filed for an IPO that could raise $75 billion and value the company at $1.75 trillion, which would make Elon Musk the first trillionaire. The filing comes amid growing conflicts of interest with Trump administration, NASA, and defense contracts.
