Wall Street Giant S&P Global Bridging Crypto and Stocks in Tokenized Index Launch
Global finance is getting an upgrade, with a new tokenized index that blends digital assets with crypto-focused equities.
S&P Global is launching the S&P Digital Markets 50 Index, which will track 15 top cryptocurrencies and 35 blockchain-linked public companies in a single benchmark.
The index will be investable through a token called dShares, developed in partnership with the crypto asset firm Dinari.
The index will select crypto assets from S&P’s existing Cryptocurrency Broad Digital Market Index, each with a minimum $300 million market cap, and equities tied to digital assets, requiring at least $100 million cap.
S&P Dow Jones Indices’ chief product officer Cameron Drinkwater says the firm hopes the product “moves crypto from margins to mainstream.”
The hybrid tool will include firms like the Bitcoin treasury giant MicroStrategy (MSTR), Coinbase (COIN) and Riot Platforms (RIOT).
No component will exceed 5% weighting, in a push to ensure diversification.
Generated Image: Midjourney
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
With the support of the capital market, the scale of bitcoin held by MSTR is now approaching the cash holdings of Amazon, Google, and Microsoft.
The value of the 640,031 bitcoins held by MicroStrategy once exceeded $80 billion. This amount puts the scale of its corporate treasury close to the levels of Amazon, Google, and Microsoft, each of which holds approximately $95 billion to $97 billion in cash or cash equivalents.
Solana Could See Breakout as Short Liquidations Rise, Resistance Near $245
Best Long-Term Crypto Investments 2025: XRP, HBAR & Hyperliquid Drive Growth and Momentum
Trending news
MoreWith the support of the capital market, the scale of bitcoin held by MSTR is now approaching the cash holdings of Amazon, Google, and Microsoft.
Bitget Daily Digest（October 9）｜UK FCA lifts retail ban on crypto ETNs; Linea to unlock 1.08 billion tokens tomorrow; Bitcoin ETF sees net inflow of 7,743 BTC in a single day.
Crypto prices
More
