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Google Cloud and CME Group Pilot Distributed Ledger for Trading

From pymnts.com

Google Cloud and derivatives marketplace CME Group said Tuesday (March 25) that they are piloting solutions for wholesale payments and tokenization of assets. CME successfully completed the first phase of integration and testing of Google Cloud’s distributed ledger, Google Cloud Universal Ledger (GCUL), the companies said in a Tuesday press release. The companies added that they will begin direct testing with market participants later this year and plan to launch new services in 2026. The GCUL distributed ledger is designed to simplify the management of accounts and assets, facilitate transfers on a private and ... (full story)

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