As the digital asset market continues to evolve and expand, S&P Global has announced the launch of the S&P Digital Markets 50 Index. This new benchmark index combines 15 cryptocurrencies with 35 publicly traded crypto-linked equities, providing investors with a comprehensive measure of the broader digital-asset economy.
The collaboration between S&P Dow Jones Indices and Dinari has resulted in the development of this innovative index, which will be tracked by a token issued on Dinari’s dShares platform. This token will allow investors to gain exposure to both sides of the crypto ecosystem through a single product.
The equity portion of the index will include companies involved in digital-asset operations, infrastructure, financial services, and blockchain applications. On the other hand, the crypto portion will be drawn from S&P’s existing Broad Digital Market (BDM) family.
Initial details of the methodology reveal that the index will cap individual constituents at 5% and impose minimum market-cap thresholds of $100 million for equities and $300 million for cryptocurrencies. The index will undergo quarterly rebalancing under S&P’s governance framework.
This launch adds to S&P’s growing suite of digital-asset benchmarks, which includes crypto and DeFi indices. It reflects a broader trend among major providers to offer rules-based tools for institutions as tokenized markets mature.
Dinari, known for developing tokenized U.S. equities and securing regulatory approvals, sees this product as a demonstration of how blockchain technology can modernize established benchmarks, making them more accessible and globally relevant.
With the increasing demand for diversified crypto exposure, this move by S&P comes at a time of renewed interest in the crypto economy. While other index providers have made efforts to track the crypto economy, most alternatives have focused solely on tokens or blockchain-related equities, rather than offering a comprehensive view of both.