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CME Group Joins Google Cloud to Revolutionize Financial Settlements with Tokenization

  • CME Group collaborates with Google Cloud to enhance financial settlements through tokenization.
  • The collaboration aims to streamline settlement and clearing operations, reducing operational expenses and transaction durations.
  • CME Group plans to test tokenized assets and expand their adoption, leveraging blockchain technology for faster and cheaper settlement options.
  • Google Cloud's blockchain capabilities support its goal of providing advanced infrastructure for innovation in the financial sector.

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