CME Explores Launching Its Own Coin as 24/7 Trading for Crypto Funds Nears
CME Group, the world’s largest derivatives exchange operator by trading volume, is actively considering launching its own coin and moving all crypto products to 24/7 trading. Chairman and CEO Terrence Duffy confirmed work on a tokenized cash initiative with Google, set to enable secure wholesale payments and asset tokenization, rolling out later this year. CME is exploring issuing a coin on a decentralized public network, setting it apart from competitors like JPMorgan and Citigroup, who use tokens on private networks for institutional settlement. Around-the-clock trading for crypto products is under review, with plans to launch 24/7 trading in early 2026 pending regulatory approval. CME has expanded its crypto offerings—including XRP, Solana, Chainlink, Cardano, and Stellar futures and options. Cryptocurrency trading volumes at CME reached record highs in 2025, with average daily volume in the fourth quarter up 92% year over year, equaling over $13 billion in notional value traded per day.
