Google: CME Group to Introduce Tokenization Tech to Enhance Capital Market Efficiency via Google Cloud's Universal Ledger

Further expanding their partnership, CME Group and Google Cloud announced that they are piloting solutions for wholesale payments and tokenization of assets. CME Group has reportedly completed the first phase of integration and testing of Google Cloud Universal Ledger (GCUL), a distributed ledger from Google Cloud. Terry Duffy, CME Group Chairman and Chief Executive Officer said: "As the President and new Administration have encouraged Congress to create landmark legislation for common-sense market structure, we are