S&P Dow Jones Indices, Kaiko, and Derivnex completed the first over-the-counter (OTC) swap transaction referencing a fully tokenized S&P DJI iBoxx USD Liquid Investment Grade Index on the Canton Network. This transaction, executed between DRW and Marex on Derivnex's platform, demonstrates how institutional derivatives can be managed on blockchain infrastructure, improving transparency, synchronization, and lifecycle management of trades. The tokenized index integrates benchmark data, licensing, and valuation within a privacy-enabled distributed ledger, setting a new standard for institutional finance workflows. Future developments aim to connect these trades with digital cash and collateral on the same platform, enhancing efficiency and control in OTC derivatives markets.
The first on-chain OTC swap referencing a tokenized benchmark was executed by S&P Dow Jones Indices, Kaiko, DRW, and Marex. For readers following Financials-sector US stocks on Pluang, here is the market snapshot as of Oct 13, 2026 18:41 WIB: out of 118 priced stocks, 82 rose and 27 fell. Notable movers include Morgan Stanley (MS) at USD 193.35 with a 1-day change of +1.75% and a typical hold time of 91 days, UBS Group AG (UBS) at USD 48.62 with a +1.66% change and a typical hold time of 3 days, and TeraWulf Inc (WULF) at USD 13.15 with a -1.65% change and a typical hold time of 18 days.
The 9th Shandong-South Korea Economic and Trade Cooperation Conference and South Korea Week took place in Yantai, China, starting November 6, 2026. Over 150 companies from both regions participated, signing 23 new cooperation projects across sectors ...
The 9th Shandong-South Korea Economic and Trade Cooperation Conference and Yantai South Korea Week opened on November 6 in Yantai, China, highlighting strong economic ties between the Shandong province and South Korea. Over 150 companies participated...
A new Ethereum community draft proposes a system where sponsors pay for aggregated proof batches, while individual members pay only for the claims they submit. This would enable a scheme called LEANSTARK_SCHEME under EIP-8288, allowing any valid subs...
Polkadot will reduce its active validator set from 500 to 400 starting November 18, following Referendum 1969. This cut tightens competition as the validator ranked 400 currently has about 1.68 million DOT backing, close to the 500th's 1.65 million. ...
A cryptocurrency whale exchanged 1.5 million USDT for 786.16 Ether (ETH), valued at approximately $1.49 million. After the swap, the Ether tokens were transferred to a new wallet. This transaction highlights significant movement in the crypto market ...
