CME Explores Launching Its Own Coin as 24/7 Trading for Crypto Funds Nears
CME Group, owner of the world’s largest derivatives exchange operator by trading volume, said it’s actively considering launching its own coin and moving all of its crypto products to 24/7 trading during its Q4 earnings call on Wednesday.
CME Group Chairman and CEO Terrence Duffy was responding to a question from Morgan Stanley analyst Michael Cyprys about the factors at play in allowing traders to use stablecoins, tokenized deposit tokens, or tokenized funds as collateral.
He said the company has a tokenized cash “initiative” that’s being rolled out with Google later this year. The tokenization deal with the tech giant was announced March 2025, and promised to deliver “secure wholesale payments and tokenization of assets.”
