S&P Dow Jones Indices announced on April 1 that it has tokenized its iBoxx U.S. Treasury Bond Index on the Canton Network, presenting this key fixed income benchmark in digital asset form. The tokenized index is not an investment product but allows financial institutions to directly integrate benchmark data such as pricing and index levels into blockchain systems. Canton Network is a public blockchain focused on institutional applications, with over 600 participating institutions and validators, supported by firms like Goldman Sachs and Citadel. S&P Dow Jones Indices will continue to control access to the index, with permissions embedded within the token itself. Currently, U.S. Treasury products account for the largest share in the tokenized asset market, with on-chain tokenized assets exceeding $12.5 billion.