S&P Global unveils comprehensive benchmark merging crypto and equities

S&P World has introduced plans to launch the S&P Digital Markets 50 Index, a benchmark combining 15 cryptocurrencies with 35 publicly traded crypto-linked shares, offering a single measure of the broader digital asset economic system.

In line with October 7 announcementS&P Dow Jones Indices developed the index in partnership with Dinari, which is able to problem a token that tracks the benchmark on its Dshares platform, increasing entry for traders in search of publicity to either side of the crypto ecosystem in a single product.

S&P mentioned the equities portion will embrace firms concerned in digital asset actions, infrastructure, monetary providers and blockchain functions, whereas the crypto portion might be drawn from the corporate’s current Broad Digital Market (BDM) household.

Preliminary methodological particulars printed by Monetary Media indicated that the index will cap particular person constituents at 5% and apply minimal market cap thresholds, roughly $100 million for equities and $300 million for cryptocurrencies, with quarterly rebalancing below S&P’s governance framework.

The launch provides to S&P’s rising suite of digital asset benchmarks alongside its crypto and defi indices, a part of a broader push by main suppliers to ship rules-based instruments for establishments as pegged markets mature.

Dinari, which is growing tokenized U.S. equities and has superior regulatory approvals this yr, mentioned the product demonstrates how Blockchain can modernize established benchmarks by making them extra accessible and globally related.

The transfer comes amid renewed curiosity in diversified crypto publicity and follows competing efforts by different index suppliers to pursue the ‘cryptoeconomy’, though most alternate options thus far focus solely on tokens or blockchain-related shares moderately than each.