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

BMO and CME Group will enable real-time 24/7 settlement and programmable cash use on cloud-based blockchain tech, aiming to boost market efficiency for institutional clients.

Summary by PR Newswire
/PRNewswire/ - BMO, in collaboration with CME Group and Google Cloud, today announced plans to introduce new 24/7 tokenized cash capabilities that will allow...
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CME, Bank of Montreal Team Up to Launch Tokenized Cash Service

·United States
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Canadian bank Bank of Montreal (BMO) announced the launch of a tokenized money platform in partnership with CME Group and Google Cloud. The project aims to enable near-instant settlements and adapt the financial sector to a 24/7 world.

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PR Newswire broke the news in United States on Tuesday, March 24, 2026.
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