CME Group and Google Cloud to Launch Tokenization Services in 2026 Using Universal Ledger

CME Group, a leading derivatives trading platform, has announced a partnership with Google Cloud to explore tokenization technology. The collaboration aims to enhance capital market efficiency by utilizing Google Cloud's Universal Ledger, a new technology designed to improve the management of accounts and assets.

The partnership will focus on testing digital asset infrastructure for more efficient clearing and settlement processes, including stock tokenization. CME Group plans to pilot solutions for seamless and secure wholesale payments and tokenization of assets, with testing set to begin later this year and services expected to launch in 2026.

This move is part of a broader effort to improve market infrastructure amid the global shift toward round-the-clock trading, leveraging Google Cloud's blockchain technology to meet these demands.

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