S&P Dow Jones Brings Treasury Index Onchain First Time

S&P Dow Jones Indices partnered with digital assets data firm Kaiko to bring the iBoxx US Treasuries Index to the Canton Network, marking the first major financial benchmark issued as a native blockchain asset.

The index operates as a non-fungible token embedding data distribution, licensing rights, and permissioning directly into its structure. The token enables institutional users authorized by S&P DJI to access end-of-day and intraday data, corporate actions, and automated compliance features through a single token.

Cameron Drinkwater, Chief Product & Operations Officer at S&P Dow Jones Indices, emphasized that rising demand for US Treasuries as onchain collateral drives need for high-quality index data directly accessible on blockchain networks.

Kaiko CEO Ambre Soubiran noted the collaboration creates a financial benchmark tokenized as a programmable, permissioned data asset with compliance and licensing built in. This development signals broader shift toward programmable, blockchain-native infrastructure for institutional financial markets.