S&P Global Launches S&P Digital Markets 50 Index with Dinari
- S&P Global and Dinari launch a hybrid index merging cryptocurrencies and crypto equities.
- The S&P Digital Markets 50 Index brings tokenized investing to blockchain platforms.
- S&P’s index expands investor access to diversified exposure in crypto and equity markets.
S&P Global has launched the S&P Digital Markets 50 Index, its first hybrid benchmark that combines cryptocurrencies with crypto-linked equities. Developed in collaboration with Dinari, the index includes 15 major cryptocurrencies and 35 publicly traded companies that are connected to blockchain, digital assets, and financial technology.
Each asset is limited to 5% to ensure that the exposure is balanced and there is no concentration risk. To be eligible, cryptocurrencies must have a market capitalization of at least $300 million, and equities must exceed $100 million. These requirements aim to represent the most liquid and stable assets in the cryptocurrency economy.
The benchmark is quarterly rebalanced and governed in accordance with S&P’s established index standards and practices. The digital assets are selected from the S&P Cryptocurrency Broad Digital Market Index, and the equities represent companies leading the charge in blockchain infrastructure and adoption. The full list of 50 components will be announced at launch.
Cameron Drinkwater, Chief Product and Operations Officer at S&P Dow Jones Indices, noted that the launch is a sign of how digital assets have become an integral component of global markets. He observed that cryptocurrencies have become a key part of investors’ portfolios in diversified investment strategies.
S&P and Dinari Bring Tokenized Index to Blockchain via dShares
S&P Global and Dinari will offer the S&P Digital Markets 50 Index as a tokenized product on Dinari’s dShares platform. This on-chain version enables investors to access both U.S. equities and cryptocurrencies through a single, transparent investment vehicle.
Anna Wroblewska, Chief Business Officer at Dinari, stated that the partnership highlights the significance of blockchain in modernizing financial benchmarks. She noted that tokenization increases transparency and accessibility, making existing financial standards more efficient and applicable worldwide.
The index complements S&P’s existing offerings in the digital asset category, which include the S&P Cryptocurrency Indices and S&P Digital Market Indices. These standards have emerged as a benchmark for institutional investors seeking exposure to the digital asset ecosystem.
S&P Global emphasized that the tokenized structure serves as a means of bridging the gap between traditional finance and decentralized technology, demonstrating that regulated and digital markets can coexist. The program boosts S&P’s role as a provider of reliable, rule-based tools to emerging financial industries.
Related: Tokenization Is a Freight Train That Cannot Be Stopped, Says Robinhood CEO Tenev
Crypto-Linked Equities and Tokenization Shape Market Integration
The index launch signals an increasing convergence between crypto assets and traditional financial markets. Some leading companies in this area are Coinbase, Robinhood, and Circle Internet Group. Coinbase stock has increased by 55% this year, while Robinhood’s addition to the S&P 500 is a sign of the increasing acceptance of crypto-related companies in leading U.S. indexes.
Circle’s successful IPO further highlights the institutional confidence in blockchain-driven businesses. These trends highlight the integration of crypto-linked equities into mainstream finance.
S&P Global said the S&P Digital Markets 50 index will enable investors to compare performance across sectors through a single benchmark. Bringing digital assets and regulated equities together, it provides a transparent view of the evolving digital economy.
As major exchanges such as Coinbase, Kraken, Gemini, and Robinhood introduce more tokenized asset offerings, hybrid indices like the S&P Digital Markets 50 may mark a new era of global financial innovation.
