BREAKING 🚨
S&P Dow Jones Indices and Kaiko completed the first OTC total‑return swap on Canton Network.
DRW and Marex exchanged exposure to S&P’s tokenized iBoxx USD Liquid Investment Grade Index. The deal proves Canton’s ability to settle complex derivatives off‑chain. Institutional interest in tokenized credit is rising. Analysts expect faster adoption of blockchain‑based fixed‑income products.⚡️
The swap marks a new era.📈
$GNS, $S, $Q
S&P Dow Jones Indices and Kaiko completed the first OTC total‑return swap on Canton Network.
DRW and Marex exchanged exposure to S&P’s tokenized iBoxx USD Liquid Investment Grade Index. The deal proves Canton’s ability to settle complex derivatives off‑chain. Institutional interest in tokenized credit is rising. Analysts expect faster adoption of blockchain‑based fixed‑income products.⚡️
The swap marks a new era.📈
$GNS, $S, $Q