Centrifuge Launches Tokenized S&P 500 Fund on Base Network
Centrifuge has launched the first licensed S&P 500 index fund on blockchain, enabling on-chain investors to access one of the most recognized equity benchmarks.
- The Janus Henderson Anemoy S&P 500 Fund (SPXA) is live on Base, an Ethereum layer-2 network by Coinbase.
- This is the first tokenized index fund licensed by S&P Dow Jones Indices, offering 24/7 trading with transparent holdings.
- FalconX invested in the product; Wormhole will manage cross-chain expansion. Janus Henderson acts as sub-investment manager, with Centrifuge's Anemoy overseeing the fund.
- The initiative reflects a trend towards tokenizing traditional financial instruments (RWAs) like bonds and equities for operational efficiencies.
- Centrifuge views SPXA as its entry into the growing market of tokenized equities.
- S&P DJI sees this as a step towards developing future index-linked financial products within blockchain environments.