• 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

David Schwartz Issues Urgent Warning About Rising XRP Scams

chest

David Schwartz, former CTO of Ripple, warns XRP users about a surge in scams targeting them, particularly through fake airdrops and giveaways.

user avatarKofi Adjeman

Ethereum Price Recovery Attempts Amidst Resistance Levels

chest

Ethereum price is attempting to recover above key support and resistance levels, facing challenges at 2,320.

user avatarNguyen Van Long

Clarity Act Debate Intensifies Concerns Over XRP and RLUSD

chest

The controversy surrounding Ripple and RLUSD is linked to the Clarity Act and digital asset legislation in the U.S.

user avatarSatoshi Nakamura

Ripple, XRP, and RLUSD Face Banking Industry Opposition

chest

A controversy has emerged as crypto commentator Pumpius claims that major banking groups are lobbying against legislation that could strengthen Ripple's stablecoin ecosystem, raising concerns about the impact on traditional bank deposits.

user avatarJesper Sørensen

Ric Edelman Proposes New 80/20 Investment Strategy for Retirement

chest

Ric Edelman proposes a new 80/20 investment strategy for retirement, emphasizing the importance of keeping 80% in equities and growth assets, including at least 10% in cryptocurrencies.

user avatarRajesh Kumar

Ric Edelman Predicts Bitcoin Could Surpass $150,000

chest

Financial adviser Ric Edelman predicts Bitcoin could exceed $150,000 by the end of 2026, driven by institutional investment and regulatory changes.

user avatarLucas Weissmann

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.