S&P Digital Markets 50 Index Will Gain Blockchain Verifiability Via Chainlink

Core Insights - Dinari is collaborating with Chainlink to launch the S&P Digital Markets 50 Index, which will focus on blockchain-related equities and is expected to be operational by the end of the year [1][2]. Group 1: Index Details - The S&P Digital Markets 50 Index will consist of 35 U.S. listed firms connected to blockchain and 15 major digital assets, although the official asset list has not yet been released [3]. - After the index is established, Dinari will tokenize it using its dShares platform, ensuring a 1:1 tokenization ratio with shares held by a regulated custodian [3]. Group 2: Technology and Data Integration - Chainlink will provide real-time pricing and performance data for the index, creating a transparent on-chain benchmark that aligns with the off-chain index [4]. - The collaboration aims to enhance the reliability and integrity of tokenized benchmarks, reflecting a growing trend of integrating traditional financial systems with blockchain technology [4]. Group 3: Industry Context - The tokenization of equities has gained traction this year, with other firms like Backed and Robinhood also launching tokenized equity offerings [5]. - FTSE Russell has announced its partnership with Chainlink to publish market index data on blockchain networks, indicating a broader industry movement towards blockchain integration [6].