Centrifuge and S&P Dow Jones Indices Launch Tokenized S&P 500 Index Fund
In a landmark collaboration, Centrifuge has partnered with S&P Dow Jones Indices to introduce the first tokenized S&P 500 Index fund. This initiative bridges traditional finance with blockchain technology, enabling programmable index-tracking through smart contracts.
Introducing Proof-of-Index Infrastructure
The partnership establishes a proof-of-index infrastructure to standardize tokenized index products. Leveraging Centrifuge‘s blockchain platform, the fund uses S&P DJI index data to create institutional-grade onchain funds with decentralized finance benefits.
Anemoy Capital Secures First License
Anemoy Capital, a Web3 asset manager, obtained the inaugural license to develop the Janus Henderson Anemoy S&P 500 Index Fund Segregated Portfolio. This milestone enables licensed asset managers to expand into blockchain-based financial products.
Official Launch at RWA Summit
The tokenized S&P 500 fund debuts July 1 at Centrifuge’s RWA Summit in Cannes. The event will also showcase the proof-of-index infrastructure, setting new standards for tokenized index trading.
Industry Experts Highlight Key Factors
While tokenizing traditional assets represents progress, experts stress the need for practical utility and liquidity. Kevin de Patoul, Keyrock CEO, emphasized that tokenized assets must provide tangible advantages over conventional formats to succeed.
