S&P Global has unveiled the S&P Digital Markets 50 Index, a comprehensive benchmark that merges 15 major crypto assets with 35 publicly traded companies involved in crypto-related activities like blockchain infrastructure and financial services.

The index aims to provide diversified, rules-based exposure to both crypto tokens and blockchain-linked equities in a single product.

Developed in collaboration with blockchain firm Dinari, the index will have a 5% cap on individual asset weights and follow quarterly rebalancing under S&P’s governance framework. 

This story is an excerpt from the Unchained Daily newsletter.

Dinari will also issue a token tracking the index, allowing investors to access it through onchain instruments.

“Cryptocurrencies and the broader digital asset industry have moved from the margins into a more established role in global markets,” said Cameron Drinkwater, chief product and operations officer at S&P DJI.

“From North America to Europe to Asia, market participants are beginning to treat digital assets as part of their investment toolkit.”