CME, Google Cloud pilot 24/7 tokenized trading for capital markets

CME Group, a main derivative market, collaborates with Google Cloud to pilot the tokenization of assets and improve the efficiency of the capital market.

The two groups Integration finished And test the big universal book by Google Cloud, a large distributed book designed for traditional financial institutions.

GUCU is a large programmable distributed book adapted to financial institutions. It simplifies the management of accounts and assets and facilitates secure transfers on a private and authorized network.

A change to tokenization

Tokenization implies Rights conversion to an asset in a digital token on a blockchain or a large distributed book. This process can apply to various assets, including stocks, bonds or products, allowing more efficient and secure transactions.

A large distributed book is a digital system to record transactions where each participant has a synchronized copy, improving transparency and security.

This technology aims to rationalize processes such as collateral management, margin calculations, regulations and payments on costs, supporting the transition from the financial sector to continuous trade 24/7.

Later this year, CME Group and Google Cloud plan to carry out direct tests with market players, with the aim of launching new services in 2026.

This initiative reflects a broader trend in traditional financial institutions exploring blockchain technology to improve efficiency and reduce costs.