S&P Dow Jones Indices has launched a new index called S&P Digital Markets 50, which combines 15 cryptocurrencies and 35 stocks of companies related to the digital asset industry. The project aims to provide investors with broad access to the tokenized instruments market and the growing blockchain technology sector.
The index was created in partnership with Dinari, the developer of the dShares platform, where by the end of the year a token reflecting its structure will appear. This will allow investors to track and trade assets directly in digital format.
Stocks and cryptocurrencies in one portfolio
S&P 500 index dropped by 88% in nominal terms relative to bitcoin since 2020.
Digital Markets 50 became the first multi-asset index combining traditional stocks and cryptocurrencies. It will include leading digital coins and companies operating in the blockchain, mining, and Web3 sectors.
No asset will account for more than 5% of the total structure. For stocks, a minimum capitalization threshold of $100 million is set, for cryptocurrencies — $300 million. The composition will be reviewed quarterly according to the same rules as the S&P 500.
“Digital assets have ceased to be a niche phenomenon and have taken a stable place in the world economy,” said Cameron Drinkwater, Product Director at S&P Dow Jones Indices.
According to him, the updated line of S&P indices helps investors objectively assess the digital asset sector and access it at an institutional level.
Tokenization as a new stage for the financial market
The partnership with Dinari paves the way for the issuance of a tokenized analogue of the index. This will create a unique opportunity for investors — to buy a digital token that fully reflects the portfolio composition and trade it on the blockchain without the involvement of traditional exchanges.
S&P is betting on the long-term trend of integrating traditional instruments with digital assets. The new index could become a model for the future, where traditional finance and the crypto market merge into a single infrastructure.
Read more: Mining company stocks soared after bitcoin’s new record
