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Canada's Major Banks Initiate Joint Tokenized Deposits Project

23 Sept 2026· CLOM Newsroom· CLOM· 1 min readPROJECT

Canada's six largest banks have announced the launch of a joint project focused on tokenized deposits.

The initiative aims to facilitate 24/7 blockchain payments, enhancing the efficiency of transactions.

This move reflects the growing interest in blockchain technology within the traditional banking sector.

Reporting aggregated and summarized by CLOM — research & education, not financial advice.

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