CME Group CEO reveals exploration of launching "CME Coin"
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CME Group CEO Terry Duffy stated that the company is exploring the launch of its own token, "CME Coin," which would operate on a decentralized network. This move is part of CME's initiative to promote its tokenized collateral program and involves a collaboration with Google to develop a "tokenized cash" solution expected to launch this year. Additionally, CME plans to introduce 24/7 trading for all cryptocurrency futures and to launch new futures contracts for Cardano, Chainlink, and Stellar.
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