CME Group explores crypto token for 24/7 trading
CME Group is reviewing new digital infrastructure options as it prepares to expand its crypto trading operations.
Summary
- CME CEO discussed a potential in-house token launch to enable round-the-clock trading.
- The project is linked to tokenized collateral and margin systems.
- No launch date or technical details have been announced.
As part of a larger initiative to modernize margin and settlement for crypto derivatives, CME Group is exploring launching its own digital token.
Chief executive officer Terry Duffy disclosed the plans during the company’s fourth-quarter earnings call on Feb. 4, in response to a question from Morgan Stanley analyst Michael…
