Canada’s major six banks to roll out interbank tokenized deposit scheme
In a landmark move that could reshape the landscape of Canadian finance, the country’s six largest banks have announced a joint effort to develop an interbank tokenized deposit platform. This initiative, spearheaded by the so‑called "Big Six"—Royal Bank of Canada, Toronto‑Dominion Bank, Bank of Nova Scotia, Bank of Montreal, Canadian Imperial Bank of Commerce, and National Bank of Canada—aims to …
Sept. 22, 2026, 5:34 p.m.