Canada’s major six banks to roll out interbank tokenized deposit program
In a landmark move for the Canadian financial sector, the country’s six largest banks have announced a joint venture to develop and launch a tokenized deposit system that will operate across institutional boundaries. This collaborative effort, often referred to as an inter‑bank tokenized deposit initiative, seeks to modernise the way commercial deposits are moved, settled, and recorded by leverag…
Sept. 22, 2026, 5:34 p.m.