S&P Dow Jones Indices, Kaiko complete first on — chain OTC swap tied to tokenized iBoxx credit index
S&P Global’s S&P Dow Jones Indices partnered with Kaiko and Derivnex to complete the first on-chain OTC swap on Canton. Total return swap executed between DRW and Marex on Derivnex referenced the tokenized iBoxx USD Liquid Investment Grade Index. Kaiko tokenized the index on Canton, embedding access permissions and usa