CME, Google Cloud Pilot 24/7 tokenized trading capital markets

CME Group, leading to the derivative market, cooperates with Google Cloud to Pilot tokenization and improves capital market efficiency.

Two groups Home integration completed and testing the universal book of Google Cloud, a distributed book intended for traditional financial institutions.

GCUL is a programmable, distributed book adapted to financial institutions. Simplifies account management and property and facilitates secure transfers on a private, allowed network.

Transition to tokenization

Tokenization includes Pretending rights to the property in a digital token on a block or distribution of the book. This process can be applied to diverse assets, including supplies, bonds or goods, enabling more efficient and safer transactions.

The distributed book is a digital transaction recording system in which each participant has a synchronized copy, improving transparency and security.

This technology aims to simplify processes such as collateral management, calculating margin and payments and payments, supporting the change of the financial industry towards continuous, 24/7 trading.

Later this year, CME Group and Google Cloud plan to implement direct testing with market participants, with the aim of launching new services in 2026. Years.

This initiative reflects the wider trend of traditional financial institutions investigating blockchain technology to improve efficiency and reduce costs.