BMO partners with CME Group and Google Cloud for tokenized cash platform

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BMO Introduces Tokenized Cash and Deposit Platform with CME Group and Google Cloud

March 24, 2026 8:05 AM EDT

First bank to offer CME Group's tokenized cash solution on Google Cloud Universal Ledger Enhanced digital financial infrastructure modernizes 24/7 institutional settlement, enabling clients to move value continuously for margin, collateral and settlement workflows Establishes the groundwork for tokenized deposits that support broader payment and treasury use cases

TORONTO and CHICAGO and SUNNYVALE, Calif., March 24, 2026 /PRNewswire/ - BMO, in collaboration with CME Group... More