S&P Global plans to launch a new benchmark index that monitors a wide range of digital assets and blockchain-related companies, which has signed a growing recognition of the crypto sector within traditional finances.
The S&P Digital Markets 50 Index, created in collaboration with Tokenization Company Dinari, includes 15 cryptocurrencies with market capitalization of at least $ 300 million and 35 publicly exchanged in sector with a market cap of at least $ 100 million, S&P announced Tuesday.
The constituents have not been published, but no single substance exceeds 5% of the index. Some of the largest sector companies include the Bitcoin Treasury Company Strategy (MSTR), Crypto Exchange Coinbase (COIN) and Bitcoin Miner Riot Platform (RIOT).
Cameron Drinkwater, Chief Product and Operations Officer at the S&P Dow Jones Indians, said the growth of the Digital Asset Ecosystem moved to crypto “from margins to a more established role in global markets.”
While indexes are not directly investors, these are major benchmarks for market performance monitoring and often underpin Funds exchanged by exchange (ETF) and other investment products.
Dinari plans to issue a tokenized version of the index, known as a “Dshare,” which will allow investors to obtain direct exposure. The investor version is expected to be launched by the end of 2025.
Related: Crypto mining, Treasury’s stock wasting gold while the Bitcoin Booms
Indexing signals in the next crypto recognition wave
One of the main implications of moving S&P in Crypto Indexing is the potential for passive ETFs a day Track performance of digital markets 50 index, similar to traditional index funds of mirror equity benchmark.
For example, the SPDR S&P 500 ETF monitors the S&P 500, which allows investors to obtain extensive exposure to the market through a single product.
Many crypto index funds already have. The Bitwise 10 Crypto Index Fund (BITW) monitors the Bitwise 10 index, which includes the largest digital assets through market capitalization.
Similarly, the Hashdex Nasdaq Crypto Index Products – including Hash11 in Brazil and the Hashdex nasdaq crypto index us etf .
At the same time, recognizing tokenization as a change in financial technology is growing.
Number Cointelegraph recently reportedThe US Securities and Exchange Commission (SEC) has been reported exploring a plot that will allow stocks to trade as tokenized assets on blockchain networks, which can bring traditional security closer to the crypto style infrastructure.
https://www.youtube.com/watch?v=Gu3jr-dtke
Related: Morgan Stanley recommends allocating ‘conservative’ crypto for some portfolio
