CME Group Considers Crypto Token Launch
The world’s largest futures and options marketplace is exploring ‘tokenized cash’ as it leans further into crypto markets.
CME Group, the largest derivatives trading marketplace in the world, is looking at launching its own crypto token.
During the company’s earnings call today, Chairman and CEO Terrence Duffy discussed the role of tokenized collateral and the importance of collateral integrity, with 24/7 crypto futures trading confirmed to be coming to CME soon.
“Right now, we are looking at different forms of margin, but we are not going to put the enterprise at risk by taking something that we cannot get our arms around on a token. So if you were to give me a token from a systemically important financial institution, I would…
