• 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

Bitcoin Shows Signs of Recovery as March Begins

chest

Bitcoin opened March at 68,600, showing signs of recovery after a tough February.

user avatarTomas Novak

Leverage Unwinds and Weak Spot Demand Undermine February's Rebound

chest

The mid-February drawdown in Bitcoin was exacerbated by leverage unwinds and a lack of consistent spot demand, leading to a volatile market environment.

user avatarEmily Carter

Major EU Banks Collaborate to Launch Euro Stablecoin

chest

Major European banks, including ING, UniCredit, CaixaBank, and BBVA, are collaborating to launch a bank-grade euro stablecoin by 2026 as part of their preparation for the European Central Bank's digital euro pilot.

user avatarKaterina Papadopoulou

Divergence in Solana's BTC and USDT Pairs Signals Market Uncertainty

chest

Divergence in Solana's BTC and USDT pairs indicates market uncertainty, with BTC showing strength and USDT showing weakness.

user avatarMaya Lundqvist

Solana Price Action Suggests Potential Breakout

chest

Solana has been trading within a tight range, indicating a possible breakout as volatility decreases.

user avatarLeo van der Veen

CME Group Expands Crypto Futures Offerings with New Contracts

chest

CME Group expands its cryptocurrency offerings by launching new futures contracts for Cardano, Chainlink, and Stellar.

user avatarLi Weicheng

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.