The Bank of Canada announced the completion of an experiment exploring how tokenized bonds can move through financial markets in collaboration with the country's largest creditors. The government agency Export Development Canada issued securities worth CAD 100,000,000 (73,000,000 USD) with a maturity of less than three months, which were sold to a closed group of investors.

The experiment, known as Project Samara, also involved RBC Dominion Securities, RBC Investor Services Trust, and the TD Securities division of Toronto-Dominion Bank. The group tested how bonds issued by EDC could be created, traded, and settled using distributed ledger technology.

The platform managed by RBC supported the full lifecycle of the bond transaction. Bonds were issued in a tokenized form in the registry, allowing participants to submit applications, process coupon payments, redeem bonds, and trade on secondary markets through the same system.