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Project Samara Tokenized Bond Platform

Sector: Financial Infrastructure • Location: Canada

Source: The Globe and Mail

Project
Completed

Project Samara is a platform developed by the Bank of Canada, RBC, TD, and Export Development Canada to issue Canada's first tokenized bond. It replaces the traditional chain of bond sale, ownership recording, clearing, and cash settlement with a single platform where the bond and cash exist together, allowing instant trade settlement.

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Project Information

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The project “Project Samara Tokenized Bond Platform” is an infrastructure initiative in the Financial Infrastructure sector, located in Canada. Taiyo aggregates data on it from The Globe and Mail.

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Participants

Sponsoring Agency

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Status

Original status

completed

Taiyo status

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Taiyo last update

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Contact

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Phone

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Email

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Address

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Description

Description

Project Samara is a platform developed by the Bank of Canada, RBC, TD, and Export Development Canada to issue Canada's first tokenized bond. It replaces the traditional chain of bond sale, ownership recording, clearing, and cash settlement with a single platform where the bond and cash exist together, allowing instant trade settlement.

Original sub-sector

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Original Currency

USD

Original budget

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Procurement method

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Budget

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Source

Source reliability

High

Data quality score

100%

Source

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URL

obfuscated_data,obfuscateddata.com

More Details

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Article Published Date

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