- Google Cloud and the CME options exchange are working together on tokenization with Universal Ledger.
- The partnership should optimize the handling of digital assets across financial systems.
Die CME Group hat itself mit Google Cloud togetherto test a tokenization technology based on Universal Ledger. Through this cooperation, both parties want to test how the infrastructure for digital assets can be used in order to simplify the clearing and processing process, which is quite complex in the financial world.
CME Group strives for 24/7 trading with Google Cloud’s Ledger technology
Terry Duffy, Chairman and CEO of the CME Group said that the collaboration is in line with the demand of the new US government to create a more sensible market regulation:
“We look forward to working with Google Cloud to enable innovative solutions for inexpensive, digital value transfer.”
He added that the Universal Ledger from Google Cloud has the potential to enable considerable increases in efficiency in collateral, margins, billing and fee expenses-especially with regard to relocation to 24/7 trading, which is becoming increasingly reality.
For those who are not yet familiar: Universal Ledger is the distributed LEDGER technology from Google Cloud, which enables the transmission of digital values between companies and systems.
The term sounds technically, but imagine an online financial booking system that is always synchronized, to which everyone can access the corresponding authorization and that works without delay. In practice, this can reduce the frictional losses that often occur when processing transactions.
On the other hand, Rohit Bhat from Google Cloud stated that the main task of the company is to provide the most advanced infrastructure to help partners to cope with the complexity of today’s financial system. He gave this cooperation a real example of how Google Cloud drives the change through strategic cooperation. He explained:
“The partnership with the CME Group for innovation with GCUL is an example of this commitment and shows how Google Cloud partners helps to transform their business through strategic cooperation and modern infrastructure and thus open up significant opportunities for the global financial market.”
The project itself is still in the early test phase and is to be tested to a larger scale with market participants over the course of the year. If everything goes according to plan, this service based on token are introduced in 2026.
Solana Futures and Treasury Clob will redesign the trade
But the history of the CME Group has not yet ended. A few days before the announcement of the collaboration with Google Cloud, namely on March 18, 2025, she had already introduced a Solana futures contract (SOL).
This is part of the expansion of crypto products that CME offers investors. This additional product offers market participants more flexibility in managing their commitment in volatile digital assets.
It was not long, two days later, on March 20, 2025, the CME also announced plans to introduce a Central Limit Order Book (Clob) for US treasure papers under the brokertec platform in Chicago. The goal is very clear: to simplify the connection between the cash and appointment markets so that market participants can manage their risk and liquidity more effectively.
Bitcoin stands in front of a possible offer shock
As CNF reported, the CME data gives an interesting signal for Bitcoin. It is believed that the likelihood of an offer shock could increase the price of Bitcoin, especially if institutional investors begin to dissolve their short positions.
Analysts have set a long -term target range of $ 225,000 to $ 444,000. Although forecasts always require a disclaimer, this shows a fairly strong market mood.
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