Google Cloud has entered the blockchain race with a project aimed at institutions, not retail crypto. Its new Layer-1 network, Google Cloud Universal Ledger (GCUL), is now live in private testnet. The goal? Fix cross-border payments and asset settlements with the reliability big banks demand—without the chaos of open crypto networks. Earlier this year, Google Cloud confirmed a pilot partnership with the Chicago Mercantile Exchange (CME) to explore tokenized assets. That pilot is already through phase one. If testing stays on track, participant onboarding lands in 2025, with new services rolling out in 2026. https://twitter.com/WuBlockchain/status/1960552104533340621?t=E2TE8Xm6uf5VeMBgQ5er1Q&s=19 More details surfaced this week,
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