S&P Global has announced the launch of the Digital Markets 50 Index S&P, a new index that combines 35 companies and 15 cryptocurrencies to track the performance of the digital asset ecosystem.
The index, developed in collaboration with US public value provider Dinari, allows investors to access it in traditional ways and via tokenized versions.
The index consolidates stocks of trading companies linked to the cryptocurrency sector. Selected digital currency for the S&P Cryptocurrency Broad Digital Market Indexproviding measurements of the performance of both segments with a single indicator.
They don’t guarantee that, but some of the assets that could be part of the broad digital market index of cryptocurrency are Bitcoin (BTC), ethher (eth), solana (sun), xrp and cardano (ada), as they exist in other S&P indexes.
Cameron Drinkwater, director of products and operations at S&P Dow Jones Indes, explained that cryptocurrencies have now become more established roles in the global market from the “marginally active” class.
Drinkwater emphasized that independent indexes provide transparency and accessibility to the digital asset ecosystem, just as they do in traditional financial markets. He emphasized that the launch would strengthen the role of S&P Dow Jones indicators, such as indicators for both traditional and alternative asset classes. It will meet the evolution of emerging markets such as cryptocurrencies.
Dinari, who collaborated on index design, will token the Digital Market 50 S&P through DSHARES. Anna Wroblewska, Dinari Business Director, showed that index tokenization uses decentralized technology Integrate both types of assets into a single transparent product.
Tokenization is the creation of cryptographic tokens that represent concrete assets that exist outside the digital field, such as works of art, real estate properties, raw materials, and goods, as defined as encrypted encryption. It also represents intangible assets such as bonds, patents, copyrights, credits, concessions and of course indexes.
