Canada's Major Six Banks Initiate Interbank Tokenized Deposit Project
In a landmark move that could reshape the Canadian financial landscape, the country’s six largest banking institutions have announced a collaborative effort to develop an inter‑bank tokenized deposit system. This initiative, which brings together the so‑called "Big Six"—Royal Bank of Canada, Toronto‑Dominion Bank, Bank of Nova Scotia, Bank of Montreal, Canadian Imperial Bank of Commerce, and Nati…
Sept. 22, 2026, 5:34 p.m.