Wall Street moves benchmarks onchain as S&P tokenizes Treasurys index
S&P Dow Jones Indices puts its iBoxx US Treasuries Index on the Canton Network, allowing institutions to access bond benchmark data through tokens rather than feeds.
S&P Dow Jones Indices has tokenized its iBoxx US Treasuries Index on the Canton Network, making a major fixed-income benchmark available as a digital asset and signaling a shift toward onchain data infrastructure in traditional finance.
In a Tuesday announcement, S&P said the index was brought onchain together with Kaiko, a provider of digital asset market data and infrastructure that supports the tokenization and onchain delivery of the index.
The iBoxx US Treasuries Index is a widely used benchmark that tracks the performance of US government bonds across different maturities, serving as a reference point for institutional investors and fixed-income products.