Canada’s major six banks to roll out interbank tokenized deposit program
In a landmark move that could reshape the landscape of financial services in Canada, the country’s six largest banking institutions have announced a collaborative effort to develop and launch an interbank tokenized deposit system. This initiative, which brings together the so‑called “Big Six” banks—Royal Bank of Canada, Toronto‑Dominion Bank, Bank of Nova Scotia, Bank of Montreal, Canadian Imperi…
Sept. 22, 2026, 5:34 p.m.