DERIVATIVES TRADING GIANT CME GROUP TO TEST TOKENIZATION WITH GOOGLE CLOUD

Summary from the TLDR Crypto newsletter

CME Group is partnering with Google Cloud to test asset tokenization on Cloud's new Universal Ledger, a private programmable network. This initiative will begin testing later this year, with new digital asset services expected to launch in 2026. Tokenization offers around-the-clock settlements at a much faster rate than traditional rails. It is positioned to become a multi-trillion dollar industry according to several analysts.