Bank of Montreal partners with CME Group to launch tokenized cash services, supporting institutional clients with round-the-clock fund transfers
According to Bloomberg, the Bank of Montreal (BMO) announced the launch of tokenized cash and deposit services for institutional clients through the network of the largest derivatives exchange in the U.S., CME Group. This service allows clients to bypass traditional banking hours and achieve continuous fund transfers around the clock. Derek Vernon, Head of North American Treasury and Payment Solutions at the Bank of Montreal, stated, "Clients will be able to transfer funds whenever the market demands, rather than being restricted by banking hours."
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Who will own the most Bitcoin in 2026
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"Crypto Tsar" steps down: 130 days of political performance come to an end, how much of Trump's crypto promise remains?
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I’m unable to access the original article content you referenced. Please provide specific details or another article so…
