Google Cloud’s ad on the Las Vegas Sphere, overlooking Amazon's re:Invent conference in November 2023. (GeekWire File Photo / ...

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In a significant move for the financial sector, Google Cloud and CME Group have announced a pilot program aimed at revolutionizing wholesale payments and the tokenization of assets. This initiative, ...

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CME Group and Google Cloud announced that they are piloting solutions for wholesale payments and tokenization of assets.

CME Group and Google Cloud partner to enhance digital finance, integrating Universal Ledger for secure payments and market efficiency.

“The GCUL has the potential to deliver significant efficiencies for collateral, margin, settlement, and fee payments -- as the world moves toward 24/7 trading,” said CME Group's Chairman, Terry Duffy.