Sparks at Bank
Where research and analysis meet the economic issues that matter
Never miss an new article when you sign up for email alerts.
Sparks at Bank features insights and analysis from Bank of Canada economists and researchers. It takes its name from the intersection of Sparks and Bank streets in Ottawa where the Bank’s head office is located.
View articles by theme:
Tokenization: What it is and how to think about it
June 12, 2026
Tokenization involves representing traditional assets as tokens on a digital platform. This financial innovation has the potential to reshape money and markets, but a common approach for comparing system designs and weighing efficiency gains against risks has yet to be defined. We offer such an approach to improve understanding of this expanding technology and guide policy discussions.
Disclaimer
Bank of Canada staff produce research and analysis to support the work of the Bank and to advance knowledge in the fields of economics and finance. This research is non-partisan and evidence based. While Sparks at Bank articles discuss issues relevant to the economy and central bank policy, they are produced independently from the Bank’s Governing Council. The views expressed in each article are solely those of the authors and may differ from official Bank of Canada views.