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MainNewsCME Group Pa...

CME Group Partners with Google Cloud to Explore Tokenization


Mar, 25, 2025
2 min read
by Jaxon Gaines
for Watcher.Guru
CME Group Partners with Google Cloud to Explore Tokenization

The CME group is partnering with Google Cloud to introduce tokenization technology to enhance capital market efficiency using Google Cloud’s new universal ledger. CME has already successfully completed the first phase of integration and testing of Google Cloud Universal Ledger (GCUL).

“As the President and new Administration have encouraged Congress to create landmark legislation for common-sense market structure, we are pleased to partner with Google Cloud to enable innovative solutions for low-cost, digital transfer of value,” said Terry Duffy, CME’s Group Chairman and Chief Executive Officer. “Google Cloud Universal Ledger has the potential to deliver significant efficiencies for collateral, margin, settlement, and fee payments as the world moves toward 24/7 trading.”

“Our core mission is to provide our partners with the most advanced infrastructure, empowering them to accelerate innovation, drive efficiencies, and overcome the complexities inherent in today’s financial systems,” added Rohit Bhat, General Manager of Financial Services at Google Cloud. “Partnering with CME Group to innovate with GCUL exemplifies this commitment, demonstrating how Google Cloud helps partners transform their businesses through strategic collaborations and modern infrastructure, unlocking significant opportunities for the global financial market.”

Also Read: Bitcoin: Analyst Explains Why Investors Don’t Make Millions With BTC

The CME Group is the world’s leading derivatives marketplace. The financial institution has already instilled plenty of updates in 2025 so far in the direction of cryptocurrency and digital assets. In January and February, respectively, CME announced it would launch options trading on Bitcoin futures and Solana Futures. The newest move in the direction of tokenization allows for a cheaper digital transfer of fiat.

CME also announced that later this year, they and Google Cloud will initiate direct testing with market participants with the intent to launch new services in 2026.

Read the article at Watcher.Guru

Read More

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CME Group Partners with Google Cloud to Explore Tokenization


Mar, 25, 2025
2 min read
by Jaxon Gaines
for Watcher.Guru
CME Group Partners with Google Cloud to Explore Tokenization

The CME group is partnering with Google Cloud to introduce tokenization technology to enhance capital market efficiency using Google Cloud’s new universal ledger. CME has already successfully completed the first phase of integration and testing of Google Cloud Universal Ledger (GCUL).

“As the President and new Administration have encouraged Congress to create landmark legislation for common-sense market structure, we are pleased to partner with Google Cloud to enable innovative solutions for low-cost, digital transfer of value,” said Terry Duffy, CME’s Group Chairman and Chief Executive Officer. “Google Cloud Universal Ledger has the potential to deliver significant efficiencies for collateral, margin, settlement, and fee payments as the world moves toward 24/7 trading.”

“Our core mission is to provide our partners with the most advanced infrastructure, empowering them to accelerate innovation, drive efficiencies, and overcome the complexities inherent in today’s financial systems,” added Rohit Bhat, General Manager of Financial Services at Google Cloud. “Partnering with CME Group to innovate with GCUL exemplifies this commitment, demonstrating how Google Cloud helps partners transform their businesses through strategic collaborations and modern infrastructure, unlocking significant opportunities for the global financial market.”

Also Read: Bitcoin: Analyst Explains Why Investors Don’t Make Millions With BTC

The CME Group is the world’s leading derivatives marketplace. The financial institution has already instilled plenty of updates in 2025 so far in the direction of cryptocurrency and digital assets. In January and February, respectively, CME announced it would launch options trading on Bitcoin futures and Solana Futures. The newest move in the direction of tokenization allows for a cheaper digital transfer of fiat.

CME also announced that later this year, they and Google Cloud will initiate direct testing with market participants with the intent to launch new services in 2026.

Read the article at Watcher.Guru

Read More

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