Nasdaq futures decline by 1%, S&P 500 index futures fall 0.75%

North American banking giant BMO partners with CME and Google Cloud to launch "tokenized cash" platform, targeting 24/7 real-time settlement

North American bank BMO announced a collaboration with CME Group and Google Cloud to launch a blockchain-based 24/7 tokenized cash platform, breaking through traditional banking hour constraints and enabling instant settlement. The platform aims to improve liquidity and reduce operational friction, with plans to introduce tokenized deposit services in the future to further advance digital banking operations.

Norway's Sovereign Wealth Fund Saves Billions of Kroner Through AI, CEO Says No Layoffs Will Result

Gate News reported that on March 24, Nicolai Tangen, CEO of Norway's sovereign wealth fund, stated that the fund has saved "billions of kroner" in costs by applying artificial intelligence in trading and investment decisions, but these gains will not lead to layoffs. During an interview on Tuesday, Tangen pointed out: "You should introduce artificial intelligence into society to increase productivity and value creation, rather than use it to cut personnel." He also described such layoff practices as "destructive."

Wall Street's Crypto Ties Deepen as NYSE Taps Securitize for Tokenized Securities

In brief The New York Stock Exchange said that it’s working with Securitize on developing systems that will allow tokenized securities to trade round-the-clock. The companies are collaborating on standards that will shape tokenized securities on a platform affiliated with the largest stock e

Bank of Montreal Partners with CME Group to Launch Tokenized Cash Service, Enabling 24/7 Fund Transfers for Institutional Clients

Gate News - On March 24, the Bank of Montreal (BMO) announced the launch of tokenized cash and deposit services for institutional clients through CME Group's network, the largest derivatives exchange in the United States. The service enables clients to break through traditional banking hours restrictions and achieve 24/7 continuous fund transfers. Derek Vernon, Head of North American Treasury and Payment Solutions at Bank of Montreal, stated: "Clients will be able to transfer funds whenever the market demands, rather than being constrained by banking hours."

Barclays: Middle East Conflict Fails to Eliminate Dollar Risk Premium

Jinse Finance reports that, according to Jinshi Data, analysts at Barclays Bank stated in a report that although the Middle East conflict has driven up energy prices and supported the US dollar exchange rate, the risk premium on the US dollar has not decreased. The market still requires a higher premium for US dollar assets to compensate for the increased uncertainty in US policies. Analysts believe that it is reasonable to expect the US dollar to weaken somewhat in the short term.

Keep Going All-In on Bitcoin! Strategy Announces ATM Stock Offering to Raise 42 Billion Dollars

MicroStrategy (MSTR) plans to raise $42 billion through a new at-the-market offering program by selling common stock and preferred shares, with the aim of increasing its Bitcoin purchases. Recently, the company spent $76.6 million to acquire 1,031 Bitcoin. However, the company currently has book losses exceeding $3.2 billion, and high dividend pressure and limited cash reserves raise concerns about future financial risks.