BMO Partners with CME and Google Cloud to Launch Tokenized Cash Platform
ByAinvest
Tuesday, Mar 24, 2026 1:14 pm ET1min read
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Bank of Montreal (BMO) is partnering with CME Group and Google Cloud to launch a tokenized cash and deposit platform on Google Cloud Universal Ledger (GCUL). This will enable BMO's institutional clients to convert US dollars into tokenized instruments 24/7, facilitating real-time margin calls, collateral movements, and settlement. The platform is set to roll out in H2 2026, pending regulatory approval.
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