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BMO to Introduce Tokenized Cash And Deposit Platform
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BMO to Introduce Tokenized Cash And Deposit Platform
Mar 24, 2026 8:12 AM

10:56 AM EDT, 03/24/2026 (MT Newswires) -- Bank of Montreal ( NRGD ) Tuesday said it plans to introduce new 24/7 tokenized cash capabilities in the second half of this year.

BMO will be able to offer traditional commercial bank funds in digital form to a wider range of clients. The initiative, to be launched with CME Group and Google Cloud, will allow institutional clients to move funds using CME's network on Google Cloud Universal Ledger (GCUL). It also makes BMO the first bank to offer CME Group's tokenized cash solution on GCUL, a statement said.

BMO shares were last seen up $0.14 to $188.40, on the Toronto Stock Exchange.

Price: 189.26, Change: +1.00, Percent Change: +0.53

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