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BMO Introduces Tokenized Cash Platform
Prnewswire·
BMO is set to launch a new 24/7 tokenized cash platform in collaboration with CME Group and Google Cloud. This initiative aims to meet the growing demand for real-time payment solutions and support the global shift towards round-the-clock trading. The platform will enable clients to convert U.S. dollars into tokenized instruments for use in margined products and derivatives on the CME Group exchange, facilitating margin calls and settlement activities.
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fintech
crypto
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