Audience
Financial institutions and payment providers interested in a tool for secure, compliant tokenization and real-time settlement workflows
About Google Cloud Universal Ledger
Google Cloud Universal Ledger (GCUL) is a next-generation, permissioned layer-1 blockchain platform designed for financial institutions to manage commercial bank money and tokenized assets with unprecedented simplicity, flexibility, and security. It offers a programmable, multi-currency distributed ledger accessible via a unified API, eliminates the complexity of traditional payment infrastructure, and supports atomic settlement for near-instant transfers. Built with compliance in mind, the platform enforces KYC-verified accounts, transparent transaction fees, and private, auditable governance, while also fostering automation through programmatic workflows and integration with familiar developer tools like Python-based smart contracts. CE reactions and institutional testing underscore its real-world applicability; CME Group is piloting GCUL for tokenized settlement workflows in areas like collateral and margin processing.