Fraser will star in the TNT pilot "Legends," the network said Thursday.
"Legends," based on a book by spy novelist Robert Littell, centers on Martin Odum, a deep-cover operative who has a chameleon-like ability to transform himself into a different person for each mission.
The pilot, which is produced by Fox 21, will be executive-produced by Howard Gordon ("Homeland"), Jeffrey Nachmanoff ("The Day After Tomorrow"), Alexander Cary ("Homeland") and Jonathan Levin ("Charmed").