A first private financial trade on Canton gives two firms a shared digital record
DRW and Marex completed the first OTC swap on the Canton Network, referencing the tokenized S&P iBoxx USD Liquid Investment Grade Index. Kaiko tokenized the index, while Derivnex provided the digital representation. S&P Dow Jones Indices supplied the benchmark data. Marex (NASDAQ: MRX) and S&P Global (NYSE: SPGI) are involved. The trade marks a milestone in integrating traditional finance with digital infrastructure.
