S&P Dow Jones Indices, Kaiko complete first on-chain OTC swap tied to tokenized iBoxx credit index

By Public Technologies
  • 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 usage rules to preserve S&P DJI licensing and IP controls.
  • Derivnex represented the trade as a Canton smart contract, giving counterparties a synchronized record for valuation across the lifecycle.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. S&P Global Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: NY70534) on October 13, 2026, and is solely responsible for the information contained therein.

Capital.com is an execution-only brokerage platform and the content provided on the Capital.com website is intended for informational purposes only and should not be regarded as an offer to sell or a solicitation of an offer to buy the products or securities to which it applies. No representation or warranty is given as to the accuracy or completeness of the information provided.
The information provided does not constitute investment advice nor take into account the individual financial circumstances or objectives of any investor. Any information that may be provided relating to past performance is not a reliable indicator of future results or performance.
To the extent permitted by law, in no event shall Capital.com (or any affiliate or employee) have any liability for any loss arising from the use of the information provided. Any person acting on the information does so entirely at their own risk.
 

Cryptocurrency-related content is intended solely as news and market commentary. Crypto Derivatives are not available to Retail clients registered with Capital Com (UK) Ltd.