BMO joins BIS/IIF Project Agorá exploring tokenization for cross-border payments.

BMO announced a strategic partnership on October 1, 2026.

Primary

BMO

Date

October 1, 2026

Sub-sector

PAD/ACH & Bank Rails

Signals major incumbent interest in tokenized settlement infrastructure, but Project Agorá is exploratory and institutional-focused—unlikely to directly displace existing fintech B2B payment solutions in the near term.

Primary company

BMO

Counterparty

Not disclosed

Amount

Not disclosed

Event date

October 1, 2026

Sub-sector

PAD/ACH & Bank Rails

HQ

Not disclosed

Structure

Not disclosed

Source published

Not disclosed

Publisher

Finextra

Source: finextra.com