The platform is also seeking registrations in the European Union, South Africa and the United Arab Emirates. Tokenized assets coming to CMECME Group, one of the world’s largest derivatives exchange operators, has tapped Google Cloud to roll out its asset tokenization program. Specifically, CME Group is using the Google Cloud Universal Ledger (GCUL) to tokenize traditional assets on the blockchain — a move the company said would improve capital market efficiency and wholesale payments. Tokenization could “deliver significant efficiencies for collateral, margin, settlement and fee payments as the world moves toward 24/7 trading,” said Terry Duffy, CME Group’s Chairman and CEO.
After being pulled from the edge of bankruptcy in 2021 thanks to a surging stock price, the company has made sensible business decisions over the years, such as shrinking its physical footprint and focusing on higher-margin items. Now, GameStop is trying to secure its survival by investing in Bitcoin (BTC).
Source: Google MapsDigiShares CEO Claus Skaaning told Cointelegraph that REX has an additional five or six properties in the pipeline, adding that REX will eventually support all sorts of commercial and residential properties. REX operates in the United States through a license with Texture Capital, a broker-dealer registered with the Securities and Exchange Commission.
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