CryptoThe Blockabout 2 hours ago
DRW and Marex complete tokenized index swap
2 min read
Trading firms DRW and Marex completed the first over-the-counter derivative referencing a fully tokenized index on blockchain infrastructure. Executed on Derivnex's Canton Network platform, the total return swap references the S&P iBoxx USD Liquid Investment Grade Index. Kaiko tokenized the benchmark to supply official index values for trade valuation.
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