S&P Dow Jones Indices has tokenized its iBoxx US Treasuries Index on the Canton Network, marking a significant step in bringing traditional finance infrastructure onto blockchain rails. The index, which tracks US government bonds across maturities, is now accessible as a digital asset for institutions building blockchain-based financial products.

Rather than being directly investable, the tokenized index is designed to provide real-time benchmark data—such as pricing and index levels—within onchain systems. This move signals a broader shift toward integrating legacy financial data into decentralized infrastructure.