Canada's Major Six Banks to Introduce Interbank Tokenized Deposit Platform
In a landmark move that could reshape the landscape of Canadian finance, the country’s six largest banking institutions have announced plans to develop and roll out 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 Imperial Bank of Commerce, and Na…
Sept. 22, 2026, 5:34 p.m.