CME Group CEO: Exploring the Launch of Our Own Cryptocurrency "CME Coin"

SmartContractAuditor · 2026-02-05T00:13:46+00:00

Wall Street CME Group CEO Terry Duffy stated that the company is exploring the possibility of launching its own cryptocurrency, including a tokenized cash solution. CME has partnered with Google to advance the plan, which is expected to be launched later this year, aiming to provide industry participants with a more secure margin tool. This marks CME's first exploration into issuing its own assets on a decentralized network.

SmartContractAuditor

2026-02-05 00:13:46

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Odaily Planet Daily reports that Wall Street derivatives giant CME Group CEO Terry Duffy stated that the company is exploring the possibility of launching its own cryptocurrency.

During the latest earnings call, Terry Duffy responded to analyst questions by saying that CME is evaluating various forms of margin and collateral schemes, including tokenized cash and “potentially launching its own tokens on decentralized networks for industry participants to use.” He pointed out that compared to tokens issued by small and medium-sized financial institutions, tokens issued by systemically important financial institutions would be more reassuring when used as collateral or settlement tools.

It is reported that CME is currently collaborating with Google to advance a tokenized cash scheme, which is planned to be launched later this year and will complete related transactions through a custodial bank. The “own tokens” mentioned this time are seen as another independent exploration; whether they are stablecoins or settlement tokens has not been clarified, and CME has not provided further details.

If this plan is ultimately implemented, it will be CME’s first clear proposal to issue its own assets on a decentralized network. Previously, among traditional financial institutions, JPMorgan has launched a tokenized deposit scheme through JPM Coin. CME also stated that its crypto derivatives business is still expanding, with plans to achieve 24/7 trading of crypto futures in the second quarter of this year. (Coindesk)

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