Canadian Major Banks Initiate Interbank Tokenized Deposit Project
The six largest banking institutions in Canada have announced a collaborative effort to develop a new interbank tokenized deposit system, marking a significant step forward in the evolution of digital finance within the country. This initiative, driven by the so‑called "Big Six" banks—Royal Bank of Canada, Toronto‑Dominion Bank, Scotiabank, Bank of Montreal, Canadian Imperial Bank of Commerce, an…
Sept. 22, 2026, 5:34 p.m.