BMO Partners With CME Group and Google Cloud on 24/7 Tokenized Cash Offering

According to the TRADE news, BMO is set leverage CME Group’s permissioned network on Google Cloud Universal Ledger (GCUL) to provide a new 24/7 tokenized cash solution. Specifically, the new offering will allow institutional clients to easily and securely move value, by converting dollars into tokenized instruments to be used with margined products at CME Group, without the restrictions of traditional market hours.