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Six Canadian Banks Outline First Phase of Tokenized Deposit Project

Six Canadian banks — Bank of Montreal, Canadian Imperial Bank of Commerce, National Bank of Canada, Royal Bank of Canada, Scotiabank and TD Bank Group — are jointly exploring a shared Canadian-dollar tokenized-deposit sy...

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Six Canadian Banks Outline First Phase of Tokenized Deposit Project
Six Canadian banks — Bank of Montreal, Canadian Imperial Bank of Commerce, National Bank of Canada, Royal Bank of Canada, Scotiabank and TD Bank Group — are jointly exploring a shared Canadian-dollar tokenized-deposit system. Announcements published by Scotiabank and CIBC on Sept. 22 say the first... Read the full story at The Defiant

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This maps to the Institutional Adoption hub, so it can help confirm whether that theme is gaining breadth across the crypto news cycle.

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