BMO launches tokenized cash and deposits on CME’s 24/7 settlement network: Bank of Montreal
Bank of Montreal enables clients to convert dollars into tokenized cash on CME and Google Cloud’s Universal Ledger for round-the-clock margin, collateral and B2B payments. Bank of Montreal announced it will allow clients to convert dollars into tokenized cash and deposits on CME and Google Cloud’s Universal Ledger infrastructure, enabling 24/7 settlement for margin, collateral…