S&P Completes First Onchain OTC Derivatives Swap Involving its Tokenized Index on Canton
Oct 13 2026 13:08 UTC - Boluwatife Adeyemi
S&P Dow Jones Indices announced the completion of the first OTC derivatives swap which was executed on the Canton network.
➤ S&P Dow Jones Indices has successfully completed the first Over-The-Counter (OTC) derivatives swap on the Canton network, utilizing its tokenized iBoxx USD Liquid Investment Grade Index.
➤ The transaction, executed by trading firms DRW and Marex on the Derivnex platform, demonstrates how traditional benchmark infrastructure can integrate with on-chain finance and distributed ledger technology.
➤ This development signifies a step towards enabling market participants to gain exposure to indices without direct ownership, while maintaining intellectual property controls through tokenization.
Read more at: https://rwatimes.io/articles/coingape-s-p-completes-first-onchain-otc-derivatives-swap-involving-its-tokenized-index-on-canton-538390915?utm_source=binance
Oct 13 2026 13:08 UTC - Boluwatife Adeyemi
S&P Dow Jones Indices announced the completion of the first OTC derivatives swap which was executed on the Canton network.
➤ S&P Dow Jones Indices has successfully completed the first Over-The-Counter (OTC) derivatives swap on the Canton network, utilizing its tokenized iBoxx USD Liquid Investment Grade Index.
➤ The transaction, executed by trading firms DRW and Marex on the Derivnex platform, demonstrates how traditional benchmark infrastructure can integrate with on-chain finance and distributed ledger technology.
➤ This development signifies a step towards enabling market participants to gain exposure to indices without direct ownership, while maintaining intellectual property controls through tokenization.
Read more at: https://rwatimes.io/articles/coingape-s-p-completes-first-onchain-otc-derivatives-swap-involving-its-tokenized-index-on-canton-538390915?utm_source=binance