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EVENT / TOPICHistorical

DRW and Marex Execute First OTC Swap on Tokenized S&P iBoxx Index

1 reports1 sources10/13/2026 updated

Current overview (not historical)

AI overview

DRW and Marex have completed the first over‑the‑counter swap that references a fully tokenized S&P iBoxx Index. The trade was executed on the Derivnex platform and settled on the Canton Network, with Kaiko providing the underlying data. This transaction marks a milestone for tokenized indices, demonstrating that traditional financial instruments can be linked to blockchain‑based assets. The swap’s execution via Derivnex and settlement on Canton Network illustrate the growing interoperability between legacy trading venues and emerging decentralized infrastructures.

Written with AI from the reporting · updated 10/14/2026

Latest developmentOct 13, 23:00
DRW and Marex complete first OTC swap referencing tokenized S&P iBoxx Index
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  1. 1Unclassified fact stationOct 13, 00:00recorded Oct 15, 02:23single source

    DRW and Marex completed first OTC swap referencing tokenized

    Read original source ↗ The BlockReplay this moment in the explorer
    Evidence & revisions · 1 source records
    Subject：
    DRW
    Action：
    completed OTC swap
    Object：
    tokenized S&P iBoxx Index
    Occurred (fact side)：
    Oct 13, 00:00
    The Block ↗Report pageOriginal / first version
    Published (valid side)：
    Oct 13, 23:00
    First seen (known side)：
    Oct 15, 02:23
    Fact stationSingle source · one-sided claim

    Copy may have been revised later; time replay is bounded. Layer labels group reading only, not causation between layers.

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Oct 13
  1. The BlockRelated fact: single source
    DRW and Marex complete first OTC swap referencing tokenized S&P iBoxx Index

    Report first recorded Oct 15, 02:23

    DRW and Marex completed the first OTC swap referencing a fully tokenized S&P iBoxx Index, utilizing Derivnex on the Canton Network with Kaiko data.

    Read original source ↗

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