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BMO to Introduce 24/7 Tokenised Cash Platform With CME Group and Google Cloud | LeapRate | Online Trading Industry News, Broker Intelligence & Fintech Analysis
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BMO to Introduce 24/7 Tokenised Cash Platform With CME Group and Google Cloud | LeapRate | Online Trading Industry News, Broker Intelligence & Fintech Analysis
BMO, working with CME Group and Google Cloud, announced earlier this week, plans to launch tokenised cash capabilities that allow institutional clients to move value continuously using CME Group’s permissioned network on Google Cloud’s Universal Ledger. The system is said to be designed to support 24/7 settlement for margin, collateral and trading flows, addressing rising demand for infrastructure suited to continuous global markets. The projec…
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