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<p class="is-style-lead">CME Group, a leading derivatives marketplace, is collaborating with Google Cloud to pilot asset tokenization and enhance capital market efficiency.&nbsp;</p> 
<p>The two groups <a href="https://www.prnewswire.com/news-releases/cme-group-will-introduce-tokenization-technology-to-enhance-capital-market-efficiency-using-google-clouds-new-universal-ledger-302410343.html" target="_blank" rel="nofollow">completed initial integration</a> and testing of Google Cloud’s Universal Ledger, a distributed ledger designed for traditional financial institutions.</p> 
<p>GCUL is a programmable, distributed ledger tailored for financial institutions. It simplifies account and asset management and facilitates secure transfers on a private, permissioned network.&nbsp;</p> 
<p> You might also like: <a href="https://crypto.news/kulr-boosts-bitcoin-holdings-to-668-btc-reports-181-1-yield/"> KULR boosts Bitcoin holdings to 668 BTC, reports 181.1% yield </a> </p> 
<h2 class="wp-block-heading" id="a-shift-towards-tokenization">A shift towards tokenization</h2> 
<p>Tokenization involves <a href="https://crypto.news/what-is-tokenization-and-how-does-it-work/" target="_blank">converting rights</a> to an asset into a digital token on a blockchain or distributed ledger. This process can apply to various assets, including stocks, bonds, or commodities, enabling more efficient and secure transactions.&nbsp;</p> 
<p>A distributed ledger is a digital system for recording transactions where each participant holds a synchronized copy, enhancing transparency and security.</p> 
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   <p lang="en" dir="ltr">CME Group Will Introduce Tokenization Technology to Enhance Capital Market Efficiency Using Google Cloud's New Universal Ledger <a rel="nofollow" href="https://t.co/TuHxQKSjc5" target="_blank">https://t.co/TuHxQKSjc5</a></p>— CME Group (@CMEGroup) <a href="https://twitter.com/CMEGroup/status/1904530337184571581?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">March 25, 2025</a>
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<p>This technology aims to streamline processes like collateral management, margin calculations, settlements, and fee payments, supporting the financial industry’s shift toward continuous, 24/7 trading.&nbsp;</p> 
<p>Later this year, CME Group and Google Cloud plan to conduct direct testing with market participants, with the goal of launching new services in 2026.&nbsp;</p> 
<p>This initiative reflects a broader trend of traditional financial institutions exploring blockchain technology to improve efficiency and reduce costs.</p> 
<p> You might also like: <a href="https://crypto.news/exclusive-blocksquares-new-interface-boosts-rwa-experience/"> Exclusive: Blocksquare’s new interface boosts RWA experience </a> </p>

CME, Google Cloud pilot 24/7 tokenized trading for capital markets

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