Derivnex and Canton Network have completed their first on chain OTC swap transaction, and the institutional derivatives platform has been launched

Derivnex, a derivatives infrastructure platform, has completed its first on chain OTC swap transaction with Canton Network, marking the official launch of Derivnex's derivatives lifecycle management platform for institutional markets. This transaction is a total return swap, with DRW as the counterparty and Marex as the swap provider, with reference to the iBoxx USD Liquid Investment Grade Index, which was tokenized by Kaiko on the Canton Network.