• 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

10 months 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

MegaETH Achieves 47,000 TPS in Testing Ahead of Stress Test

chest

MegaETH has achieved 47,000 TPS in testing as it prepares for a global stress test on January 19, with the mainnet launch on January 22.

user avatarLi Weicheng

MegaETH to Conduct Global Stress Test with User Engagement

chest

MegaETH will conduct a global stress test on January 19, allowing users to engage with Web3 gaming applications while the network is pushed to its limits.

user avatarLeo van der Veen

Sky Protocol's Buyback Program Reduces Circulating Supply

chest

Sky Protocol's recent buyback operation has successfully removed approximately 3157 million SKY tokens from circulation, demonstrating a commitment to the tokenomics model.

user avatarAisha Farooq

Sky Protocol Executes $19M SKY Token Buyback

chest

Sky Protocol has executed a substantial buyback of 3157 million SKY tokens, deploying $19 million from its treasury to reinforce token value and align with holder interests.

user avatarTenzin Dorje

Coinsph Launches Educational Campaign for Filipinos

chest

Coinsph has launched an educational campaign to help Filipinos reduce remittance costs, focusing on Overseas Filipino Workers, set to begin from late 2025 to mid-2026.

user avatarBayarjavkhlan Ganbaatar

Cryptocurrency Market Movements on January 20, 2025

chest

On January 20, 2025, the cryptocurrency market experienced mixed movements with major digital assets showing both gains and losses.

user avatarMohamed Farouk

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.