Canada’s Major Six Banks to Introduce Inter‑Bank Tokenized Deposit Project
In a landmark move that could reshape the landscape of Canadian finance, the country’s six largest banking institutions have announced a collaborative effort to develop and launch a tokenized deposit system that operates across their networks. 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, Ca…
Sept. 22, 2026, 5:34 p.m.