The types of financial institutions that can join GCUL include:
- Commercial banks and traditional banking institutions that want to streamline account management and interbank transfers.
- Capital market participants such as exchanges and asset managers interested in digital asset issuance, management, and settlement.
- Payment providers and financial intermediaries seeking high-performance, compliant infrastructure for cross-border payments.
- Regulated financial institutions aiming to leverage programmable payments, tokenization, and atomic settlement within a permissioned, KYC-compliant network.
- Fintech companies and smaller financial players that meet GCUL’s regulatory and technical requirements.
GCUL is designed as a “credibly neutral” permissioned blockchain infrastructure that allows any approved financial institution to build products and services on top, regardless of their existing partnerships or competitors. Its focus is on institutional-grade compliance, performance, and reducing operational costs across banking, payments, and capital markets. Early pilots include major players like CME Group, underscoring its appeal to a broad institutional audience.
In short, GCUL targets banks, capital markets entities, payment providers, and approved fintech firms looking for a scalable, compliant blockchain platform for financial services.