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CME Group taps Google Cloud for pilot asset tokenization program

  • US derivatives exchange operator CME Group is piloting solutions for tokenized assets using Google Cloud Universal Ledger (GCUL).
  • CME Group aims to improve capital market efficiency and wholesale payments by integrating GCUL.
  • The partnership between CME Group and Google Cloud will begin testing the technology with market participants in 2026.
  • Tokenization of assets, converting real-world and financial assets into digital tokens, has generated significant interest from major institutions.

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