S&P Global to launch new index tracking cryptocurrencies and digital asset companies

S&P Global to launch new index tracking cryptocurrencies and digital asset companies

S&P Global, a leading provider of financial market indices, is set to launch a new hybrid index that combines 15 leading cryptocurrencies with 35 publicly traded crypto stocks. This initiative, announced in collaboration with Dinari, a fintech company specializing in blockchain finance, aims to provide investors with a diversified view of the digital asset market .

The S&P Digital Markets 50 Index will include 15 cryptocurrencies selected from the S&P Cryptocurrency Broad Digital Market Index and 35 companies involved in digital asset operations, financial services, and blockchain applications. The index aims to offer investors a solid benchmark for tracking the performance of the digital asset ecosystem .

To ensure balance, the index limits each asset to a maximum of 5%, preventing over-reliance on any single cryptocurrency or stock. The eligibility criteria for cryptocurrencies require a market capitalization of at least $300 million, while stocks must have a minimum of $100 million. Currently, the index would include the top 276 cryptocurrencies .

Additionally, Dinari plans to launch a new investment token that will track the performance of the new benchmark. This token will be available through Dinari’s dShares platform. The index is expected to start operating by the end of the year .

These developments come as the United States government shifts to a more crypto-friendly approach under the Trump administration. President Trump has met with crypto leaders and nominated pro-crypto regulators, boosting investor confidence and leading to new highs for Bitcoin and other cryptocurrencies .

Other major exchanges are also expanding their offerings. Gemini introduced tokenized shares of Strategy (MSTR) to its EU users, while Coinbase requested permission from the SEC to offer tokenized stocks. Robinhood also announced that its European users can now trade U.S.-listed stocks and ETFs as tokens on the Arbitrum blockchain .

S&P Global's move is part of a broader trend as traditional financial players increasingly integrate cryptocurrencies into their offerings. Last month, Nasdaq filed with the SEC to launch tokenized stocks, signaling a significant shift towards on-chain trading .