Dow Jones Indices, DRW and Marex Bring Wall Street Swaps to Canton

S&P Dow Jones Indices, Kaiko, and Derivnex have completed what they describe as the first privately negotiated financial swap on Canton Network, a blockchain designed for large financial institutions. Trading firms DRW and Marex carried out the transaction using a bond index that Kaiko had converted into a digital token. Wall Street Derivatives Meet Blockchain […]
Key Takeaways
- S&P Dow Jones Indices, Kaiko, and Derivnex have completed what they describe as the first privately negotiated financial swap on Canton Network, a blockchain designed for large financial institutions.
- Trading firms DRW and Marex carried out the transaction using a bond index that Kaiko had converted into a digital token.
- Wall Street Derivatives Meet Blockchain […]
Summary generated by IndiCrypto from News.Bitcoin.com. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
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