S&P Makes Massive Crypto Push With New Multi-Asset Index
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S&P Makes Massive Crypto Push With New Multi-Asset Index
"S&P Global has entered the crypto arena with the launch of the S&P Digital Markets 50 Index, a first-of-its-kind benchmark tracking both digital assets and publicly traded crypto-related companies. Developed with Dinari, a U.S. platform specializing in tokenized public securities, the index includes 35 equities and 15 cryptocurrencies drawn from S&P's digital asset suite. In other words, the index will combine 15 major cryptocurrencies with 35 crypto-related stocks."
"The move positions S&P Global as a major index provider to directly blend tokenized securities with crypto-linked equities, signaling another step in mainstream finance's embrace of blockchain-based assets. "Cryptocurrencies and the broader digital asset industry have moved from the margins into a more established role in global markets," said Cameron Drinkwater, Chief Product & Operations Officer at S&P Dow Jones Indices. "From North America to Europe to Asia, market participants are beginning to treat digital assets as part of their investment toolkit.""
"Eligible companies include those involved in crypto operations, blockchain technology, and other related sectors, according to S&P. Dinari will issue a tokenized version through its dShares platform by year's end, allowing investors to access exposure in a regulated wrapper. While bitcoin isn't mentioned by name, it's safe to assume it will be featured among the assets. Even if not, the move marks a significant step in Wall Street's continued integration of digital assets into mainstream finance."
S&P Global launched the S&P Digital Markets 50 Index, pairing 15 cryptocurrencies with 35 publicly traded crypto-related companies. The index was developed with Dinari and draws its crypto components from S&P's digital asset suite. Eligible companies include those involved in crypto operations, blockchain technology, and related sectors. Dinari will issue a tokenized version through its dShares platform by year's end, offering regulated wrapper exposure. The index caps any single asset at 5% to ensure broad exposure. The launch signals further mainstream finance integration of blockchain-based assets and expands institutional access to tokenized securities.
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