S&P Global to Launch Digital Markets 50 Index by Year-End
S&P Global is launching the S&P Digital Markets 50 Index, featuring 15 cryptocurrencies and 35 crypto-related stocks. This index aims to offer direct exposure to the crypto industry.
- Dinari, a tokenized US public securities provider, collaborates with S&P Global for potential token issuance.
- Launch expected by the end of the year, including digital assets, infrastructure providers, financial services, and blockchain technology companies.
Cameron Drinkwater from S&P Dow Jones Indices highlights the integration of digital assets into global markets, indicating their increasing role in investment strategies.
Anna Wroblewska of Dinari emphasizes the innovation potential of blockchain in traditional finance through dShares trading of the S&P Digital Markets 50.
TradFi and Crypto Integration
- Traditional finance (TradFi) and crypto industries are increasingly interconnected.
- Coinbase, Kraken, Gemini, and Robinhood are expanding tokenized equities businesses.
- CME Group and Nasdaq are making significant crypto market moves, including around-the-clock trading and tokenized equities trading proposals.