Canada's Major Six Banks Initiate Interbank Tokenized Deposit Project
In a landmark move for Canada’s financial sector, the country’s six largest banking institutions have joined forces to develop a pioneering interbank tokenized deposit system. This collaborative effort, often referred to as the "Big Six" initiative, aims to create a seamless, blockchain‑based framework that allows commercial deposits to be digitized, tokenized, and transferred instantly between p…
Sept. 22, 2026, 5:34 p.m.