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Google Cloud and CME Group Pilot Distributed Ledger for Trading

  • Google Cloud and CME Group are piloting solutions for wholesale payments and tokenization of assets.
  • The first phase of integration and testing of Google Cloud's distributed ledger has been successfully completed.
  • Direct testing with market participants will begin later this year and new services are planned to launch in 2026.
  • The Google Cloud Universal Ledger (GCUL) aims to simplify asset management and facilitate transfers in traditional finance.

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