S&P Dow Jones Indices unveiled on Tuesday a new index tracking cryptocurrencies and companies in the digital asset space. The index, developed in collaboration with Dinari - a U.S.-based tokenization firm that provides on-chain access to public securities—combines traditional equity markets with decentralized networks.
“S&P Global is excited to announce plans to expand its S&P Dow Jones Indices crypto index offering with the launch of the S&P Digital Markets 50 Index,” the company wrote on the X platform.
S&P Global, the company behind the S&P 500 and Dow Jones Industrial Average, has launched its first hybrid benchmark combining cryptocurrencies and crypto-linked equities. The move represents another step in Wall Street’s gradual embrace of digital assets.
The new benchmark, called the S&P Digital Markets 50 Index, will track 50 major components across the crypto economy, including 35 publicly traded companies tied to blockchain and digital asset operations, and 15 cryptocurrencies selected from the existing S&P Cryptocurrency Broad Digital Market Index.
“Cryptocurrencies and the broader digital asset industry have moved from the margins into a more established role in global markets. S&P DJI’s expanded index suite offers market participants consistent, rules-based tools to evaluate and gain exposure,” said Cameron Drinkwater, Chief Product & Operations Officer at S&P Dow Jones Indices.
The index was developed with Dinari, a company offering tokenized U.S. public securities. “For the first time, investors can access both U.S. equities and digital assets in a single, transparent product,” said Anna Wroblewska, Dinari’s Chief Business Officer, in an interview with Yahoo! Finance.
“By making the S&P Digital Markets 50 investible via dShares, we are not just tokenizing an index—we are demonstrating how blockchain infrastructure can modernize trusted benchmarks,” she added.
Constituents will have minimum market capitalization requirements of $100 million for equities and $300 million for cryptocurrencies, ensuring that the index reflects the largest and most liquid assets in the market. According to Barron’s, these thresholds currently cover about 276 cryptocurrencies.
S&P Global’s announcement comes as crypto markets rally and digital asset-related stocks—particularly bitcoin mining companies—surge. Bitcoin recently hit a new all-time high of $126,080, representing a 34% increase year-to-date, before slightly retreating in subsequent days.
Sources:
https://x.com/SPGlobal/status/1975558001948766401
https://finance.yahoo.com/news/p-debut-index-tracking-crypto-173151813.html
https://www.barrons.com/articles/new-crypto-index-digital-markets-50-92099f69