• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M
CME Group and Google Cloud Streamline Financial Operations with New Tokenization

CME Group and Google Cloud Streamline Financial Operations with New Tokenization

user avatar

by Giorgi Kostiuk

a year ago

The two companies are testing solutions for more secure, efficient, and cost-effective digital value transfers.

Partnership to Simplify Financial Operations

The first phase of integration and testing of Google Cloud’s Universal Ledger (GCUL) and tokenization has been completed. Terry Duffy, Chairman and CEO of CME Group, expressed optimism about the partnership, noting that GCUL could significantly streamline operations.

We are pleased to partner with Google Cloud to enable innovative solutions for low-cost, digital transfer of value.Terry Duffy

Google Cloud Universal Ledger

Google Cloud’s Universal Ledger is a novel distributed ledger designed to simplify asset and account management. The system opens doors for financial services to launch innovative offerings for their clients.

Future of Asset Tokenization

The U.S. SEC’s Crypto Task Force will hold additional roundtables on crypto asset regulation to provide a platform for experts to discuss regulatory challenges.

The roundtables aim to foster discussions on regulatory issues and explore potential solutions.Commissioner Hester Peirce

The partnership between CME Group and Google Cloud marks an important step toward advancing digital financial infrastructure, opening new opportunities for regulatory and technological progress.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Crypto Expert Predicts XRP Could Reach Base Price of $10,000

chest

Crypto expert Remi predicts that XRP could reach a base price of $10,000 due to the potential implementation of a U.S. Crypto price floor system and the tokenization of assets on the XRP Ledger.

user avatarJacob Williams

Aptos Introduces Token Burn Mechanisms and Adjusts Staking Rewards

chest

Aptos plans to strengthen token burn dynamics and adjust staking rewards to support network security and reduce inflation.

user avatarZainab Kamara

Aptos Proposes Major Economic Shift to Capped Token Supply Model

chest

Aptos is transitioning to a capped token supply model with a hard cap of 21 billion APT tokens and reduced staking rewards to align supply with network activity.

user avatarSon Min-ho

Litecoin Price Stabilization and Technical Analysis Indicate Potential Bullish Trend

chest

Litecoin's price has stabilized around 53 after a significant drop since January, with technical analysis indicating a potential bullish trend.

user avatarAyman Ben Youssef

Institutional Growth Provides Long-Term Support for Solana

chest

Institutional growth provides long-term support for Solana, with a 59% quarter-over-quarter increase in RWA value driven by tokenized treasury products, and total value locked nearing $10 billion.

user avatarTando Nkube

American Bitcoin Corp Reaches 6,000 BTC Milestone Amidst Market Challenges

chest

American Bitcoin Corp has reached a significant milestone by holding 6,039 BTC, making it one of the top 20 public corporate Bitcoin treasuries globally.

user avatarKofi Adjeman

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.