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CME Group, UK’s Royal Mint test blockchain-based gold trading platform

Chicago-based exchange CME Group and Britain’s Royal Mint have started testing a blockchain-based platform for trading gold, as more projects using the emerging technology come closer to deployment.

CME Group announced on Tuesday that the new platform, built with technology companies AlphaPoint and BitGo, was being tested by a select group of “major financial institutions,” and is on schedule for launch this year.