National Bank of Canada joins five peers to explore secure CAD tokenized deposit solution

• National Bank of Canada joined five peers to explore a secure Canadian-dollar tokenized deposit solution, starting with a tokenized deposits initiative.
• Project targets faster, more efficient, programmable payments while preserving safety, stability, and regulatory oversight.
• First phase aims to enable tokenized deposits to move efficiently across Canadian financial institutions.
• Longer-term goal includes connecting with other emerging digital-assets initiatives as digital money evolves globally.
• Collaboration includes BMO, CIBC, RBC, Scotiabank, TD; other deposit-taking institutions may join later.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. National Bank of Canada published the original content used to generate this news brief via CNW (Ref. ID: 202609220830CANADANWCANADAPR_C5352) on September 22, 2026, and is solely responsible for the information contained therein.