On March 6, 2026, it was announced that the Bank of Canada, RBC Capital Markets, RBC Investor Services, TD Bank Group, and Export Development Canada (EDC) successfully completed Project Samara, Canada's first regulator-approved tokenized bond experiment using distributed ledger technology (DLT). As part of the pilot, EDC issued a C$100 million (approximately US$73 million, based on the prevailing USD/CAD exchange rate of approximately 1.3561 on March 6, 2026) Canadian dollar-denominated bond with a maturity of less than three months to a closed investor group. The bond was issued, traded, and settled on the Samara Platform, built on Hyperledger Fabric, which supported the full bond lifecycle — including issuance, bidding, coupon payments, redemption, and secondary trading — with settlement conducted using tokenized wholesale Canadian dollars created and managed by the Bank of Canada. The experiment received regulatory approval from the Ontario Securities Commission (OSC), the Autorité des marchés financiers (AMF), and the Canadian Investment Regulatory Organization (CIRO).