Bank of Canada collaborates with multiple banks to complete first tokenized bond trial.
TechFlame
2026-03-06 11:27
TechFlame2026-03-06 11:27
English
TechFlame News: According to CoinDesk, the Bank of Canada, in collaboration with major banks such as RBC and TD, has successfully completed a full-process test for the issuance, trading, and settlement of a CAD 100 million (approximately USD 73 million) tokenized bond using distributed ledger technology (Project Samara). This trial demonstrated that a single blockchain platform can support the entire lifecycle of a bond and, for the first time, introduced tokenized wholesale Canadian dollars for on-chain digital settlement.