• 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

GSR Welcomes SC Ventures as Its First External Shareholder

chest

GSR has announced that SC Ventures has become its first external shareholder, marking a significant milestone in the company's history.

user avatarJesper Sørensen

Payward Completes Acquisition of Bitnomial Amid Legal Challenges

chest

Payward has completed its acquisition of Bitnomial, a cryptocurrency derivatives platform, amidst ongoing legal challenges against Etana Custody.

user avatarEmily Carter

Input Output Submits Treasury Proposals for Cardano's Future Development

chest

Input Output has submitted nine treasury proposals for community review, focusing on scalability and decentralization as part of Cardano's 2030 vision.

user avatarRajesh Kumar

Charles Hoskinson Defends Cardano's Focus on Governance Amid Scaling Criticism

chest

Charles Hoskinson defends Cardano's focus on governance amid criticism of scaling priorities.

user avatarLucas Weissmann

In-Depth Analysis of BTCUSD Chart on Tradingview

chest

In-Depth analysis of the BTCUSD chart on Tradingview, providing insights into Bitcoin's market performance for informed trading decisions.

user avatarFilippo Romano

Payward Sues Etana Custody Over Alleged Misappropriation of Client Funds

chest

Payward, the parent company of cryptocurrency exchange Kraken, has filed a lawsuit against Etana Custody and its CEO, alleging misappropriation of over $25 million in client funds.

user avatarTomas Novak

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.