Investment
Features
FeesSafety
Academy
More
Pluang+

S&P completes first on-chain swap using Ripple-backed Canton Network for tokenized index trading

Protocol Fundamentals
13 Oct 2026
UToday
View Source
Bullish
S&P completes first on-chain swap using Ripple-backed Canton Network for tokenized index trading

S&P Dow Jones Indices executed its first on-chain total return swap using a fully tokenized index on the Canton Network, supported by Ripple's new custodial gateway. This historic trade involved market maker DRW and financial group Marex, streamlining OTC derivative management by replacing manual reconciliation with a blockchain interface. Canton Network offers a private, closed infrastructure for digitizing traditional finance markets, with Ripple enabling banks to securely manage assets on the network. While the partnership advances institutional blockchain use, some crypto advocates criticize Canton for lacking decentralization.

Ripple's new partnership enabling an on-chain S&P total return swap is notable context for readers. For those following cryptocurrency markets, here is Pluang's snapshot as of Oct 13, 2026 21:51 WIB: out of 50 major cryptocurrencies priced on Pluang, 15 rose and 34 fell today. Among movers, XTZ (Tezos) gained 5.12% to Rp6.037 with a typical hold time of 100 days, while THETA (Theta Network) dropped 4.97% to Rp3.688 with 100% buy order activity, and ALGO (Algorand) declined 4.49% to Rp2.146 with 76% buy order activity and a typical hold time of 130 days.

More News

Domino's Q3 earnings beat estimates despite slow sales and declining cash flow

Domino's Q3 earnings beat estimates despite slow sales and declining cash flow

Domino's Pizza reported Q3 2026 earnings per share of $4.60, beating analyst expectations of $4.37, while revenue grew modestly by 3.4% to $1.19 billion. Same-store sales growth was minimal at 0.3% in the U.S. and 0.2% internationally, reflecting com...

Company Fundamentals
Neutral
39 minutes ago
Citigroup Q3 2026 earnings beat estimates with 40% profit surge led by strong trading.

Citigroup Q3 2026 earnings beat estimates with 40% profit surge led by strong trading.

Citigroup reported Q3 2026 earnings that exceeded analyst expectations, with EPS of $2.85 beating the $2.65 estimate and revenue of $23.8 billion slightly above forecasts. The bank's profit rose 40%, driven by exceptional fixed-income trading, invest...

Company Fundamentals
Bullish
44 minutes ago
State Street Q3 earnings expected to grow 31%, with revenue up 14%, despite rising expenses.

State Street Q3 earnings expected to grow 31%, with revenue up 14%, despite rising expenses.

State Street is set to report its Q3 2026 earnings with forecasts showing a 31.3% increase in earnings and 14% revenue growth, driven by strong net interest income and service fees. Despite record assets under management, higher operating and technol...

Company Fundamentals
Bullish
48 minutes ago
RTI reports growth in sustainability and efficiency, recycling 393M lbs of used cooking oil in 2025

RTI reports growth in sustainability and efficiency, recycling 393M lbs of used cooking oil in 2025

Restaurant Technologies, Inc. (RTI) released its 2026 Impact Report highlighting significant progress in sustainability and operational efficiency. In 2025, RTI recycled 393 million pounds of used cooking oil and delivered 719.4 million pounds of fre...

Market News
Bullish
48 minutes ago
Medical marijuana trials expand with 60+ companies developing 65+ therapies for various conditions

Medical marijuana trials expand with 60+ companies developing 65+ therapies for various conditions

Over 60 companies are actively developing more than 65 medical marijuana therapies targeting conditions like chronic pain, neurological disorders, and cancer symptoms. Key drugs such as ZYN-002 and CardiolRx are in late-stage trials, with others in e...

Market News
Bullish
48 minutes ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App