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.
Business
Savers and investors at current yields stand to benefit, but fears are growing about the rest of the economy outside of the AI boom
Business
Ballot measures aim to fix the housing crisis in various ways, from making it easier to build new homes, to cutting property taxes.
Business
Legendary macro investor and hedge fund manager Paul Tudor Jones has warned that 2027 could be a difficult year for US stocks, citing a surge of new share supply from major AI companies. The hedge fund veteran says the flood of listings co…
Business
Tokenized equities have reached nearly $3.3 billion in value as investors embrace round-the-clock access beyond Wall Street hours.