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CME Group to pilot tokenization technology for capital market efficiency

Cointelegraph.com NewsUS derivatives exchange operator CME Group is piloting solutions for tokenized assets using Google Cloud Universal Ledger (GCUL), a new distributed ledger that was designed for traditional financial institutions.According to a March 25 announcement, CME has already begun integrating GCUL to improve capital market efficiency and wholesale payments. CME Group chairman and CEO Terry Duffy said GCUL could “deliver significant efficiencies… 

​US derivatives exchange operator CME Group is piloting solutions for tokenized assets using Google Cloud Universal Ledger (GCUL), a new distributed ledger that was designed for traditional financial institutions.According to a March 25 announcement, CME has already begun integrating GCUL to improve capital market efficiency and wholesale payments. CME Group chairman and CEO Terry Duffy said GCUL could “deliver significant efficiencies… 

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