Stablecoins & Payments Unverified First seen 2026-10-13 12:20 UTC

DRW and Marex complete first OTC swap on tokenized S&P iBoxx index

DRW and Marex completed the first OTC swap referencing a fully tokenized index on Derivnex via the Canton Network, using Kaiko data, according to The Block. The Defiant reports the Derivnex trade links a shared contract record to licensed S&P benchmark data, with cash and collateral integration planned next.

Why “Unverified”

2 independent sources (The Defiant, The Block), but no primary confirmation

2 independent source groups across 2 posts · evidence score 81/100. How labels work

What the sources claim

DRW and Marex completed the first OTC swap referencing a fully tokenized index on Derivnex via the Canton Network, with Kaiko data.

“DRW and Marex completed the first OTC swap referencing a fully tokenized index on Derivnex via the Canton Network, with Kaiko data.”
The Block
The Derivnex trade links a shared contract record to licensed S&P benchmark data, with cash and collateral integration planned next.

“The Derivnex trade links a shared contract record to licensed S&P benchmark data, with cash and collateral integration planned next.”
The Defiant

Sources

The Defiant newswire 2026-10-13 12:20 UTC
DRW and Marex Execute Bond-Index Swap on Canton
The Block newswire 2026-10-13 15:00 UTC
DRW and Marex complete OTC swap referencing tokenized S&P iBoxx Index

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Summary and claims extracted by AI with prompt analyze-story@5 on 2026-10-15 10:50 UTC. Labels are computed from the sources, not by the model.