Wall Street giant CME Group is eyeing its own 'CME Coin,' CEO says

The initiative is part of CME's push into tokenized collateral, and the firm is collaborating with Google on a “tokenized cash” solution set to launch later this year. What to know : CME Group CEO Terry Duffy indicated that the company is exploring launching its own token that could operate on a decentralized network. The initiative is part of CME's weighing on tokenized collateral, and the firm is collaborating with Google on a “tokenized cash” solution set to launch later this year. Duffy's comments are the first explicit mention of a proprietary CME-issued asset, as the firm prepares to introduce 24/7 trading for all crypto futures and new futures contracts for Cardano, Chainlink, and Stellar.