The Bank of Canada, in conjunction with several banks, has completed its first trial of tokenized bonds.

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ODAILY
03-06
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Odaily Odaily reports that the Bank of Canada, in collaboration with major banks such as RBC and TD, has successfully completed a full-process test of the issuance, trading, and settlement of CAD 100 million (approximately USD 73 million) of tokenized bonds (Project Samara) using distributed ledger technology. This trial validated that a single blockchain platform can support the entire lifecycle of bonds and, for the first time, introduced tokenized wholesale Canadian dollars for on-chain digital settlement. (CoinDesk)

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