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

Crypto Insight Summary: 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 […] Crypto Insight Analysis: Direction: Bullish ETH Impact: Minor Impact Horizon: Mid-term (1-8 weeks) Reasoning: Institutional adoption of blockchain for swaps boosts ETH's institutional credibility.