BMO

2026-07-05 20:34:13

BMO First Bank to Join CME's Tokenized Cash Platform on Google Cloud

Bank of Montreal (BMO) becomes the first bank to join CME Group and Google Cloud's tokenized cash platform. The solution enables 24/7 USD tokenization, real-time margin and settlement, targeting regulated firms by H2 2026. This marks a milestone in institutional crypto adoption.

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BMO First Bank to Join CME's Tokenized Cash Platform on Google Cloud
2026-07-05 20:32:11

BMO Becomes First Bank to Join CME's Tokenized Cash Platform on Google Cloud

Bank of Montreal (BMO) is the first bank to join CME Group's tokenized cash solution on Google Cloud Universal Ledger, enabling 24/7 conversion of USD into tokenized instruments for real-time margin and settlement. The platform is expected to launch in H2 2026, pending regulatory approval, marking a major step in institutional blockchain adoption.

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BMO Becomes First Bank to Join CME's Tokenized Cash Platform on Google Cloud