{"id":79474,"date":"2026-10-13T19:24:15","date_gmt":"2026-10-13T19:24:15","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/dow-jones-indices-drw-and-marex-bring-wall-street-swaps-to-canton\/"},"modified":"2026-10-13T19:24:15","modified_gmt":"2026-10-13T19:24:15","slug":"dow-jones-indices-drw-and-marex-bring-wall-street-swaps-to-canton","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/dow-jones-indices-drw-and-marex-bring-wall-street-swaps-to-canton\/","title":{"rendered":"Dow Jones Indices, DRW and Marex Bring Wall Street Swaps to Canton"},"content":{"rendered":"<p><b>(Originally posted on : Bitcoin News )<\/b><br \/>\n<\/p>\n<div>\n<div class=\"@container mb-[25px] rounded-sm overflow-clip py-0.5 pr-0.5 pl-2.5 bg-success-100\">\n<div class=\"flex flex-col gap-m overflow-clip rounded-[6px] !bg-success-10 p-3 @[420px]:p-m\">\n<h2 class=\"m-0 flex items-center gap-s text-[19px] !text-[#1c1c1c] md:text-[20px]\"><svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"16\" height=\"10\" viewbox=\"0 0 16 10\" fill=\"none\" class=\"shrink-0 text-success-100\" aria-hidden=\"true\"><path d=\"M1 1.5h14\" stroke=\"currentColor\" stroke-width=\"2.5\" stroke-linecap=\"round\"\/><path d=\"M1 8.5h10\" stroke=\"currentColor\" stroke-width=\"2.5\" stroke-linecap=\"round\"\/><\/svg><span>Key Takeaways<\/span><\/h2>\n<ul class=\"m-0 flex list-none flex-col gap-m pl-0\">\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">S&amp;P Dow Jones Indices, Kaiko, and Derivnex just pulled off Canton\u2019s first OTC swap, with Wall Street trading firms DRW and Marex handling the deal.<\/span><\/li>\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">The transaction shows how Wall Street can bring traditional derivatives onto blockchain rails without sacrificing the privacy financial institutions require.<\/span><\/li>\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">Canton is gaining traction among some of finance\u2019s biggest names, with Goldman Sachs, JPMorgan, Nasdaq, and Visa exploring its onchain infrastructure.<\/span><\/li>\n<\/ul>\n<\/div>\n<\/div>\n<h2>Wall Street Derivatives Meet Blockchain Infrastructure<\/h2>\n<p>On Tuesday, <a href=\"https:\/\/www.prnewswire.com\/news-releases\/sp-dow-jones-indices-and-kaiko-enable-first-on-chain-otc-swap-referencing-a-tokenized-benchmark-executed-by-drw-and-marex-on-derivnex-302907001.html\" target=\"_blank\" rel=\"noopener noreferrer\">S&amp;P Dow Jones Indices reported<\/a> that the firms leveraged blockchain technology, specifically the Canton Network, to conduct a traditional Wall Street derivatives transaction. The transaction involved a total return swap, which is a financial agreement that allows one party to receive the investment performance of an asset or index without actually owning it. The other party agrees to make those payments under the contract\u2019s terms.<\/p>\n<p>\u201cThis transaction shows how established benchmark infrastructure can support new institutional market structures,\u201d Cameron Drinkwater, chief product operating officer at S&amp;P DJI, explained in the release.<\/p>\n<p>S&amp;P DJI has been in the space for quite some time, first entering the blockchain space at the end of 2020. At that time, the firm <a href=\"https:\/\/www.prnewswire.com\/news-releases\/sp-dow-jones-indices-builds-crypto-indexing-capabilities-with-lukka-301185622.html\" target=\"_blank\" rel=\"noopener noreferrer\">partnered with Lukka<\/a>, a New York City-based crypto asset software and data company, to build cryptocurrency indexing capabilities. S&amp;P DJI believes the transfer unveiled Tuesday demonstrates how these operations can be harmonized via a mutual blockchain framework rather than depending on multiple distinct networks.<\/p>\n<p>One connected system can access market data, manage the rights to use that data, record the terms of a derivatives contract, and calculate its value over time. \u201cDerivnex gives counterparties a common digital representation of a trade from affirmation through its full lifecycle,\u201d Derivnex CEO George Harrington remarked.<\/p>\n<p>The Derivnex executive added:<\/p>\n<blockquote>\n<p>\u201cCompleting the first OTC swap on Canton shows how that model can work in a live institutional market.\u201d<\/p>\n<\/blockquote>\n<h2>Canton Draws Wall Street Heavyweights With Privacy-First, Compliant Design<\/h2>\n<p>Since launch, major financial institutions have adopted <a href=\"https:\/\/news.bitcoin.com\/institutional-giants-back-355m-canton-network-round-as-dtcc-treasury-deal-nears\/\">Canton Network<\/a> technology because it is designed to meet their strict privacy and regulatory requirements. Unlike public blockchains, where transaction details are broadly visible, Canton allows firms to control exactly who can see specific information, even within the same transaction.<\/p>\n<p>At the same time, it lets different financial applications communicate and coordinate transactions, including completing related payments and asset transfers together or not at all. This gives institutions the privacy they need without isolating them in separate systems that cannot easily work together.<\/p>\n<p>While S&amp;P DJI is leveraging Canton, other heavyweight firms like Goldman Sachs, BNP Paribas, HSBC, Nasdaq, DTCC, JPMorgan, and <a href=\"https:\/\/news.bitcoin.com\/stablecoins\/visa-targets-apac-market-as-46-of-consumers-plan-stablecoin-use\/\">the payments giant Visa<\/a> are playing with its compliant onchain infrastructure as well.<\/p>\n<div class=\"not-prose my-3 lg:my-4\">\n<div class=\"overflow-hidden rounded-lg !bg-[#E8EDFA] p-[9px] hidden md:flex md:flex-row md:gap-3 lg:hidden\"><a aria-hidden=\"true\" tabindex=\"-1\" class=\"relative size-[150px] min-w-[150px] shrink-0 overflow-hidden rounded-[15px]\" href=\"https:\/\/news.bitcoin.com\/lloyds-sends-visa-750k-usdc-banks-closed\/\"><\/p>\n<div class=\"absolute left-2 top-2\"><img alt=\"Bitcoin.com News\" loading=\"lazy\" width=\"28\" height=\"28\" decoding=\"async\" data-nimg=\"1\" class=\"size-7\" style=\"color:transparent\" srcset=\"\/_next\/image\/?url=%2Fimages%2Fuploads%2Fbitcoin_news_newlogo.svg&amp;w=32&amp;q=75 1x, \/_next\/image\/?url=%2Fimages%2Fuploads%2Fbitcoin_news_newlogo.svg&amp;w=64&amp;q=75 2x\" src=\"https:\/\/news.bitcoin.com\/_next\/image\/?url=%2Fimages%2Fuploads%2Fbitcoin_news_newlogo.svg&amp;w=64&amp;q=75\"\/><\/div>\n<p><\/a><\/div>\n<div class=\"overflow-hidden rounded-lg !bg-[#E8EDFA] p-[9px] hidden lg:flex lg:flex-row lg:gap-4\"><a aria-hidden=\"true\" tabindex=\"-1\" class=\"relative size-[150px] min-w-[150px] shrink-0 overflow-hidden rounded-[15px]\" href=\"https:\/\/news.bitcoin.com\/lloyds-sends-visa-750k-usdc-banks-closed\/\"><img alt=\"Lloyds Sends Visa $750K in USDC While Banks Are Closed\" loading=\"lazy\" decoding=\"async\" data-nimg=\"fill\" class=\"object-cover\" style=\"position:absolute;height:100%;width:100%;left:0;top:0;right:0;bottom:0;color:transparent\" sizes=\"150px\" srcset=\"\/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F10%2Flloyds-sends-visa-750000-in-usdc-while-banks-are-closed-150x150.png&amp;w=32&amp;q=75 32w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F10%2Flloyds-sends-visa-750000-in-usdc-while-banks-are-closed-150x150.png&amp;w=48&amp;q=75 48w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F10%2Flloyds-sends-visa-750000-in-usdc-while-banks-are-closed-150x150.png&amp;w=64&amp;q=75 64w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F10%2Flloyds-sends-visa-750000-in-usdc-while-banks-are-closed-150x150.png&amp;w=128&amp;q=75 128w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F10%2Flloyds-sends-visa-750000-in-usdc-while-banks-are-closed-150x150.png&amp;w=256&amp;q=75 256w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F10%2Flloyds-sends-visa-750000-in-usdc-while-banks-are-closed-150x150.png&amp;w=384&amp;q=75 384w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F10%2Flloyds-sends-visa-750000-in-usdc-while-banks-are-closed-150x150.png&amp;w=640&amp;q=75 640w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F10%2Flloyds-sends-visa-750000-in-usdc-while-banks-are-closed-150x150.png&amp;w=828&amp;q=75 828w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F10%2Flloyds-sends-visa-750000-in-usdc-while-banks-are-closed-150x150.png&amp;w=1080&amp;q=75 1080w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F10%2Flloyds-sends-visa-750000-in-usdc-while-banks-are-closed-150x150.png&amp;w=1200&amp;q=75 1200w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F10%2Flloyds-sends-visa-750000-in-usdc-while-banks-are-closed-150x150.png&amp;w=1920&amp;q=75 1920w\" src=\"https:\/\/news.bitcoin.com\/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F10%2Flloyds-sends-visa-750000-in-usdc-while-banks-are-closed-150x150.png&amp;w=1920&amp;q=75\"\/><\/p>\n<div class=\"absolute left-2 top-2\"><img alt=\"Bitcoin.com News\" loading=\"lazy\" width=\"28\" height=\"28\" decoding=\"async\" data-nimg=\"1\" class=\"size-7\" style=\"color:transparent\" srcset=\"\/_next\/image\/?url=%2Fimages%2Fuploads%2Fbitcoin_news_newlogo.svg&amp;w=32&amp;q=75 1x, \/_next\/image\/?url=%2Fimages%2Fuploads%2Fbitcoin_news_newlogo.svg&amp;w=64&amp;q=75 2x\" src=\"https:\/\/news.bitcoin.com\/_next\/image\/?url=%2Fimages%2Fuploads%2Fbitcoin_news_newlogo.svg&amp;w=64&amp;q=75\"\/><\/div>\n<p><\/a><\/p>\n<div class=\"flex min-w-0 flex-1 flex-col justify-center gap-2\">\n<p class=\"m-0 line-clamp-2 text-base leading-[1.3] !text-[#67656E]\">Lloyds Banking Group used USDC to settle $750,000 in live payment obligations with Visa during a seven-day trial, with funds\u2026<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><a href=\"https:\/\/news.bitcoin.com\/blockchain\/dow-jones-indices-drw-marex-bring-wall-street-swaps-canton\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : Bitcoin News ) Key Takeaways S&amp;P Dow Jones Indices, Kaiko, and Derivnex just pulled off Canton\u2019s first OTC swap, with Wall Street trading firms DRW and Marex handling the deal. The transaction shows how Wall Street can bring traditional derivatives onto blockchain rails without sacrificing the privacy financial institutions require. Canton [&hellip;]<\/p>\n","protected":false},"author":19,"featured_media":79475,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[32],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/79474"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/19"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=79474"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/79474\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/79475"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=79474"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=79474"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=79474"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}