Following the launch of Ripple's new custody gateway, Canton Network facilitated S&P Dow Jones Indices' first on-chain transaction, which utilized a fully tokenized index. This transaction transferred an over-the-counter (OTC) total return swap onto a distributed ledger (DLT), executed by market maker DRW and financial group Marex via the Derivnex platform. This marks the first time a fully tokenized index has been used in such a transaction, with contract data sourced from the iBoxx USD Liquid Investment Grade Index and distributed within the network by Kaiko. Ripple's custody service, updated on October 5, added support for Canton Network, enabling large institutions to store and transfer Canton Coin (CC) tokens and CIP-56 assets through Ripple software. Although Canton Network is an independent private network, not part of the Ripple ecosystem, and does not use XRP tokens, Ripple serves as a custody gateway, providing a channel for banks to manage their positions.