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S&P Digital Markets 50 Index Will Gain Blockchain Verifiability Via Chainlink
Yahoo Finance· 2025-11-05 17:31
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].
Dinari Taps Chainlink to Tokenize S&P DJI's Upcoming Crypto Market Index
Yahoo Finance· 2025-11-05 13:00
Core Insights - Dinari is collaborating with Chainlink to integrate pricing data for the upcoming S&P Digital Markets 50 Index, which will focus on blockchain technology and cryptocurrencies [1][3] - The index will track 35 public companies involved in blockchain and 15 leading cryptocurrencies, allowing investors to access both traditional and crypto markets through a single digital asset called "dShares" [2][4] - Chainlink's decentralized oracle network will provide real-time market data for the index, ensuring transparency and reliability [3][4] Group 1 - Dinari is creating a tokenized version of the S&P Digital Markets 50 Index using its "dShares" offering, which is backed 1:1 by the underlying stocks [2] - The initiative represents a trend of integrating traditional financial instruments onto blockchain platforms, enhancing the accessibility of real-world assets [4] - Chainlink's integration is crucial for maintaining the index's data integrity, as it supplies real-world information necessary for blockchain applications [3] Group 2 - The S&P Digital Markets 50 Index will consist of 35 blockchain-related public companies and 15 top cryptocurrencies, providing a diversified investment opportunity [2] - Chainlink's role in this project highlights the growing importance of decentralized oracles in bridging traditional finance and digital assets [4] - The launch of the index aligns with other initiatives, such as Centrifuge's introduction of the first licensed S&P 500 index fund onchain, indicating a broader movement towards onchain financial products [5]
How S&P’s New Index Could Be a Game Changer for Your Crypto Investments
Yahoo Finance· 2025-11-01 14:41
Group 1 - The core argument against cryptocurrency has been its lack of mainstream acceptance, but the introduction of the S&P Digital Markets 50 Index signals a shift towards wider acceptance of crypto as an investment asset [1][4] - The S&P Digital Markets 50 Index aims to track a diverse range of companies and digital assets within the crypto ecosystem, including 35 companies involved in digital asset operations and 15 selected cryptocurrencies [3][4] - The index is currently not an investable ETF, but plans are in place for fintech firm Dinari to offer investible "dShares" based on the index later this year, potentially leading to new ETFs or mutual funds [3][4] Group 2 - The legitimization of cryptocurrency through such indices is expected to enhance investor confidence, potentially increasing investment and driving up crypto prices while reducing volatility [4] - Investing in a crypto-based index offers the benefit of a relatively diversified portfolio with a single purchase, allowing investors to hold 50 different investments rather than concentrating on one [5]