PANews reported on April 1st that, according to Cointelegraph, S&P Dow Jones Indices has tokenized its iBoxx U.S. Treasury Index on the Canton Network, presenting this key fixed-income benchmark as a digital asset. This tokenized index is not an investment product, but rather allows financial institutions to directly integrate benchmark data such as pricing and index levels into the blockchain system. Canton Network is a public blockchain focused on institutional applications, with over 600 participating institutions and validators, and is backed by institutions such as Goldman Sachs and Citadel. S&P Dow Jones Indices will continue to control access to the index, with permissions embedded in the token itself. Currently, U.S. Treasury products account for the largest share of the tokenized asset market, with on-chain tokenization exceeding $12.5 billion.