DRW and Marex Complete First OTC Swap on Canton Network
DRW and Marex completed the first OTC swap referencing a fully tokenized index on Derivnex via the Canton Network.
DRW and Marex have completed the first over-the-counter (OTC) swap referencing a fully tokenized index, according to TheBlock. The transaction was executed on Derivnex utilizing the Canton Network, incorporating data provided by Kaiko.
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The trade marks a milestone for institutional digital asset infrastructure by utilizing a tokenized benchmark. The execution highlights growing institutional engagement with decentralized networks and tokenized market infrastructure.
Key facts
- DRW and Marex completed the first OTC swap referencing a fully tokenized index.
- The trade was executed on Derivnex via the Canton Network.
- Kaiko provided data for the transaction.
Source: theblock.co
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