The Canadian Securities Administrators (CSA) has launched Project Tokenization under its CSA Collaboratory to examine tokenized financial products in Canada’s capital markets and how this activity intersects with Canadian securities laws, with the goal of supporting coordinated regulatory responses. Tokenization involves using distributed ledger technology for the creation, issuance, or representation of assets. The initial phase will explore tokenization’s opportunities and risks through stakeholder engagement, issue mapping, and targeted research, with later phases potentially including a discussion paper and live testing of tokenized financial instruments and related infrastructure within the CSA Collaboratory. The CSA is inviting fintechs, issuers, financial institutions, market infrastructure providers, and other stakeholders to participate in workshops in Calgary on 9 April 2026 and Toronto on 11 June 2026, and to register or express interest in engaging with the project.