S&P Dow Jones Indices, a division of S&P Global ($SPGI), announced the launch of the S&P Digital Markets 50 Index, its first benchmark to blend traditional equities with cryptocurrencies. The index combines 15 major digital assets with 35 publicly traded companies tied to blockchain and crypto-related sectors.
- The index is being developed in partnership with blockchain firm Dinari, which will issue a tokenized version of the benchmark.
- Eligible stocks must have a market capitalization of at least $100 million, while cryptocurrencies must exceed $300 million.
- No single component will account for more than 5% of the index’s weighting, and it will rebalance quarterly like other S&P indices.
- The index includes companies involved in blockchain technology, digital infrastructure, financial services, and crypto applications.
- S&P said the benchmark provides investors with a transparent, rules-based tool to track the growing digital asset market.
Relevant Companies
- S&P Global ($SPGI) – Expands its digital asset index offerings, integrating crypto and equity benchmarks.
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