• 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

Tesla Stock Anticipated to Surge Following Grok AI Launch

chest

Tesla stock is expected to rise following the launch of the Grok AI Assistant, which introduces new features for users.

user avatarGustavo Mendoza

Tesla Launches Grok AI Assistant in Europe, Boosting Stock Potential

chest

Tesla has launched its Grok AI Assistant in the UK and European markets, enhancing its vehicle software capabilities.

user avatarRajesh Kumar

China Boosts Oil Imports from Russia as India Shifts Focus

chest

China has significantly increased its oil imports from Russia after India ceased procurement under a US trade deal.

user avatarMiguel Rodriguez

Strategy's Bitcoin Accumulation Continues Despite Market Fluctuations

chest

Strategy has been consistently adding to its Bitcoin holdings for 12 weeks, despite market fluctuations.

user avatarLuis Flores

Fraudulent Letters Target Crypto Hardware Wallet Owners

chest

Crypto hardware wallet users are receiving fake letters impersonating Trezor and Ledger, designed to steal digital assets.

user avatarArif Mukhtar

Claver Defends His XRP Predictions Amid Criticism

chest

Jake Claver defends his strong beliefs about XRP's future despite criticism regarding his previous predictions.

user avatarMaria Gutierrez

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.