We prove that the ∞-category of p-typical topological Cartier modules, recently introduced by Antieau--Nikolaus, over some base A is equivalent to the ∞-category of modules over a ring spectrum RA, which we call the topological Cartier--Raynaud ring. Our main result is an identification of the homotopy groups of RA. In particular, for $A=W(k)$, the Witt vectors over k, the homotopy groups π_* RW(k) recover the classical Cartier--Raynaud ring constructed by Illusie--Raynaud. Moreover, along the way we will describe the compact generator of p-typical topological Cartier modules and classifies all natural operations on homotopy groups of p-typical topological Cartier modules.
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Konrad Bals (2024) studied this question.
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