DRW and Marex Complete First OTC Swap Referencing a Tokenized S&P iBoxx Index on Canton Network
The over-the-counter swap was executed on Derivnex via the Canton Network, with Kaiko data, according to a report by The Block.
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The over-the-counter swap was executed on Derivnex via the Canton Network, with Kaiko data, according to a report by The Block.
The total return swap references the iBoxx USD Liquid Investment Grade Index, which Kaiko tokenized on Canton, and marks the launch of Derivnex's derivatives lifecycle platform.
The Seoul IT group says it will work with the Foundation on institutional deals, Canton implementations and a technical partner ecosystem in Korea, alongside agreements with Circle, Securitize, Chainalysis and Chainlink.
Shinhan Financial Group's Jin Ok-dong discussed group-wide cooperation with Yuval Rooz and Viv Diwakar, a day before Canton's first hosted forum in Korea drew brokers, card issuers and global asset managers.
Institutions can run their own spot, prediction or perpetual markets on a private instance of Temple's matching engine, while setting their own fees, access and compliance rules.
A governance CIP posted on 11 September would give Goldman Sachs & Co. LLC a milestone-based Super Validator seat, with rewards held in escrow and its commitments kept confidential. A month later it has not been approved.
