Speaking on the company's earnings call, CEO Terry Duffy said the exchange is exploring a CME-issued token and is also piloting tokenized cash infrastructure withSpeaking on the company's earnings call, CEO Terry Duffy said the exchange is exploring a CME-issued token and is also piloting tokenized cash infrastructure with

CME CEO Duffy says exchange is exploring issuing its own token

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Speaking on the company's earnings call, CEO Terry Duffy said the exchange is exploring a CME-issued token and is also piloting tokenized cash infrastructure with Google.

Chicago-based derivatives exchange CME Group is weighing the launch of its own digital token as it explores how tokenized assets could be used as collateral across financial markets, according to comments from CEO Terry Duffy.

CME CEO Duffy says exchange is exploring issuing its own token

Speaking on a company earnings call, Duffy said CME is reviewing different forms of margin, including tokenized cash and a CME-issued token that could operate on a decentralized network. He said:

He added that collateral issued by a “systemically important financial institution” may offer greater comfort to market participants than tokens issued by a “third or fourth-tier bank trying to issue a token for margin.”

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