CMC News

S&P Global Launches Index Tracking Crypto and Stocks

#S&P Dow Jones Indices announced Tuesday the upcoming launch of its Digital Markets 50 Index, marking a significant expansion of traditional finance into digital assets. The benchmark will combine 15 cryptocurrencies with 35 publicly traded companies operating in the blockchain sector.

The announcement arrives as $BTC surged 34% year-to-date, hitting a new all-time high of $126,080 on Monday. Digital asset equities, particularly Bitcoin #mining companies, have experienced substantial gains during the broader market rally. $ETH was recently trading at $4,510, reflecting a 3.6% decline over 24 hours.

The index draws its crypto constituents from the S&P Cryptocurrency Broad Digital Market Index, which monitors over 300 digital tokens. Each selected cryptocurrency must maintain a market capitalization of at least $300 million. Treasury companies will qualify for inclusion, while meme coins have been explicitly excluded from consideration.

Cameron Drinkwater, chief product and operations officer at S&P Dow Jones Indices, stated that #cryptocurrencies have transitioned from marginal assets into established market participants. The index provides market participants with consistent, rules-based evaluation tools, he added.

Companies eligible for the index must carry a minimum market cap of $100 million and demonstrate involvement in crypto infrastructure, financial services, or #blockchain applications. No single component will represent more than 5% of the total index weighting. Specific constituent names remain undisclosed ahead of the official debut in coming weeks.

Dinari, a tokenized securities provider, is collaborating with S&P Global to create a tradable token tracking the #benchmark. Chief Business Officer Anna Wroblewska explained that the dShare product will offer investors simultaneous access to U.S. equities and digital assets through blockchain infrastructure.