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BMO to launch tokenized cash platform with CME and Google Cloud for 24/7 trading.
Bank of Montreal announced plans to launch a tokenized cash platform with CME Group and Google Cloud.
The system will allow clients to convert U.S. dollars into digital tokens for 24/7 trading on the CME exchange, enabling faster settlements and capital access.
Expected to launch in the second half of 2026 pending approval, the initiative supports the bank's broader push to modernize financial operations with programmable digital assets.
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BMO lanzará una plataforma de efectivo tokenizado con CME y Google Cloud para el comercio 24/7.