• 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

RootData Launches Transparency-Focused Crypto Exchange Ranking

chest

RootData has launched a new ranking system for cryptocurrency exchanges that focuses on transparency and investor protection, unveiled at Binance Dubai Blockchain Week.

user avatarFilippo Romano

Katana Blockchain Reports 388M Total Value Locked

chest

Katana blockchain has achieved a total value locked (TVL) of 388 million, ranking it ninth among Layer 2 solutions.

user avatarTomas Novak

Katana Blockchain Achieves 28M Revenue Milestone

chest

Katana blockchain reported generating over 28 million in revenue during its first six months of mainnet operation.

user avatarEmily Carter

Understanding Binance's New Cross Margin Trading Mechanics

chest

Binance's new cross margin trading pairs allow traders to utilize their entire margin balance as collateral, enhancing capital efficiency.

user avatarKaterina Papadopoulou

Long-term Holders Shift Perception of Bitcoin as Portfolio Hedge

chest

Gracie Lin, CEO at OKX Singapore, discusses the easing sellside pressure and the shift in Bitcoin's perception as a portfolio hedge.

user avatarMaya Lundqvist

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

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.