Saudi Central Bank extends tokenized commercial-bank money experimentation into collateral workflows

Saudi Central Bank's November 16, 2025 disclosure that links tokenized commercial-bank money testing with blockchain-enabled collateral pledging automation.

By then, the strongest official public evidence showed that SAMA had disclosed two distinct Innovation Hub proofs of concept: a blockchain project to automate collateral pledging and a live multi-party test of tokenized commercial-bank money.

It broadens the Saudi narrative from generic modernization rhetoric into named workflow experimentation across both settlement and collateral.

The signal remains medium rather than high because SAMA did not publish participant names, legal architecture, eligible asset scope, integration points, or a launch timetable.

A November 16 SAMA speech publicly paired a live multi-party tokenized-deposits test with blockchain-based collateral pledging automation, widening the Saudi Arabia story from settlement modernization alone to broader market-infrastructure workflow design.