According to a press release obtained by Cointelegraph, the blockchain infrastructure platform Centrifuge has partnered with S&P Dow Jones Indices (S&PDJI) to achieve on-chain tracking of the S&P 500 index for the first time.
This collaboration introduces the "Index Certificate" infrastructure for tokenized products and launches the first tokenized S&P 500 index fund.
The fund is built on Centrifuge's native blockchain platform, utilizing official S&PDJI index data and implementing a programmable index tracking fund solution through smart contracts.
"Today marks an exciting new chapter, bringing The500™ to more new scenarios and users globally," said Cameron Drinkwater, Chief Product Officer at S&P Dow Jones Indices.
This innovation paves the way for asset managers authorized by S&P Dow Jones Indices to launch on-chain funds that meet institutional standards while offering the flexibility and transparency of decentralized finance.
Web3-native asset management firm Anemoy Capital has received the first license to establish the Janus Henderson Anemoy S&P 500 index fund segregated portfolio. The index data from S&PDJI, in collaboration with Centrifuge, supports the index exposure and smart contract infrastructure for this fund.
Nick Cherney, Head of Innovation at Janus Henderson, stated that the previously launched tokenized fund in collaboration with Centrifuge has made significant progress, with one strategy's assets under management surpassing $1 billion, making it the fastest-growing tokenized fund in history.
As a major global index, the S&P 500 sees daily trading volumes exceeding $1 trillion through products like ETFs and derivatives. Bringing this index on-chain means investors can buy, hold, trade, use it as collateral, or automate portfolio strategies.
"We are re-empowering financial markets with the experience of traditional markets through programmability, transparency, and global 24/7 accessibility," said Anil Sood of Centrifuge.
The tokenized S&P 500 fund and Centrifuge's index certificate infrastructure will be officially launched on Tuesday at the Centrifuge RWA Summit in Cannes, which aims to promote the standardization of tokenized index products.
While Centrifuge is pushing for the on-chain implementation of the S&P 500 index, industry leaders also remind that mere tokenization is not enough to drive industry progress. Keyrock CEO Kevin de Patoul stated in an interview with Cointelegraph that tokenization must achieve "real application value" to gain traction.
"If the tokenization of assets does not bring new functionalities that were previously unattainable, it will only increase operational friction and costs," he pointed out.
He also added that liquidity is a key factor in the tokenization market, and ongoing market-making activities are essential for tokenized assets to truly become usable financial instruments.
Related: Bitcoin (BTC) price fluctuates within a range, but needs a new wave of demand to push upward
Original article: “Centrifuge Brings the S&P 500 On-Chain, Launches Tokenized Fund”
免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。
