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Steven Walgenbach

CME Group CEO Explores Launch of In‑House Crypto Token on Decentralized Network

CME Group’s CEO Terry Duffy stated during the latest earnings call that the derivatives exchange is examining the creation of its own cryptocurrency, potentially operating on a decentralized network. The initiative is being reviewed alongside digital margin and settlement projects, including a separate tokenized cash program developed with Google that is scheduled to go live later this year. While CME has not clarified whether the proposed asset would be a stablecoin or another token type, the plan would extend its crypto strategy beyond derivatives into direct digital asset issuance.
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