THE S&P 500 IS NOW ONCHAIN 24/7
Centrifuge (@centrifuge) launched deSPXA on @base today, the first tokenized S&P 500 exposure that trades 24/7 onchain. The product is built in partnership with S&P Dow Jones Indices, managed by Janus Henderson, and offered by Centrifuge to eligible non-US persons.
Coinbase named Centrifuge a preferred tokenization infrastructure partner and Coinbase Ventures took a strategic stake to accelerate institutional asset issuance on Base.
deSPXA is the flagship of a new framework Centrifuge calls deRWAs, designed to let tokenized assets interact natively with DeFi while preserving institutional compliance. The tokenized asset market has crossed $25 billion, but most of it sits in permissioned wallets with no DeFi interoperability.
The launch was announced at Consensus 2026 by Base creator Jesse Pollak (@jessepollak), who said sports, credit, and equities are all coming onchain next.
🔥 LATEST: Hyperliquid, built by Jeffrey Yan, reportedly generated over $900M in profit with just 11 employees, making it one of the most profitable startups per employee globally.
🔥 TODAY: HSBC successfully completed a tokenized deposit pilot on the Canton Network, covering issuance, transfer, and atomic settlement of deposits against digital assets.
HSBC has completed a pilot of tokenised deposits on Canton.
The simulation included issuance, transfer, and atomic settlement of deposits against digital assets, with interoperability across settlement rails, extending coordinated settlement across cash and asset legs.
On October 10th, crypto saw over $19B in liquidations.
Maple recorded zero losses, zero liquidations, and uninterrupted performance across all products.
HSBC launches AI-powered Wealth Intelligence platform:
The Wealth Intelligence ecosystem will support client-facing bankers, investment counsellors and product specialists with timely insights and personalised strategies.
@Fintech_Global. #WealthTech
https://t.co/EL62h8Dqbu
Avalanche is building the rails for global payments. 🔺
Now, PayPal USD (PYUSD0) is live on Avalanche through @LayerZero_Labs, bringing a trusted, dollar-backed stablecoin onto rails built for speed, security, and scale.
Maple’s TVL just went parabolic → $3.98B.
Syrup is still sitting at a $520M market cap.
The market will reprice.
Maple is no longer flying under the radar ! it’s becoming unstoppable
$SYRUP @maplefinance