• 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

Filecoin Introduces Premium Storage Tier for Cardano Developers

chest

Filecoin has launched a premium storage tier for developers using Blockfrost, enhancing reliability for Cardano applications without altering existing workflows.

user avatarLuis Flores

Community Analyst Advocates for Daily Crypto Investments

chest

Daphne, a community analyst, emphasizes that buying coffee and investing in cryptocurrencies like XRP and Bitcoin can coexist, advocating for small daily investments as a strategy for future financial growth.

user avatarArif Mukhtar

Ripple's RLUSD Project Emphasizes Security in DeFi

chest

Ripple's RLUSD project focuses on risk management and security, avoiding risky bridges that have led to exploits in other DeFi systems.

user avatarAndrew Smith

Bitmine Strengthens Ethereum Commitment with New Staking

chest

Bitmine has staked an additional 61,232 ETH, bringing its total staked ETH to 3,395,869, reinforcing its commitment to the Ethereum network.

user avatarDavid Robinson

Ethereum Consolidates Below $2,400 Amid Market Dynamics

chest

Ethereum is currently consolidating just below $2,400 as market participants await a catalyst for the next price movement.

user avatarMaria Gutierrez

Shiba Inu's Open Interest Surges Over 20%, Surpassing Bitcoin and XRP

chest

Shiba Inu has seen a significant increase in Open Interest, surpassing Bitcoin and XRP, indicating a shift in trader sentiment.

user avatarJacob Williams

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.