Bank of Canada

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Bank of Canada completes first tokenized bond trial with major banks

The Bank of Canada, along with some of the country's largest lenders, has finished testing the issuance, trading, and settlement of a tokenized bond on a distributed ledger. This pilot, known as Project Samara, involved a C$100 million bond issued by Export Development Canada. The experiment demonstrated how blockchain technology can handle the full lifecycle of bond transactions using digital Canadian dollars.

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