S&P Global has unveiled plans to introduce the S&P Digital Markets 50 Index, a groundbreaking benchmark that combines 15 cryptocurrencies with 35 publicly traded crypto-linked equities. This index aims to provide a comprehensive measure of the wider digital-asset economy.
As per the announcement on Oct. 7, S&P Dow Jones Indices collaborated with Dinari to develop the index. Dinari will issue a token on its dShares platform to track the benchmark, allowing investors to access both aspects of the crypto ecosystem through a single product.
The equity segment of the index will encompass companies involved in digital-asset operations, infrastructure, financial services, and blockchain applications. On the other hand, the crypto component will be sourced from S&P’s existing Broad Digital Market (BDM) family.
Initial methodology details suggest that the index will cap individual constituents at 5% and set minimum market-cap thresholds of approximately $100 million for equities and $300 million for cryptocurrencies. The index will undergo quarterly rebalancing under S&P’s governance framework.
This launch expands S&P’s range of digital-asset benchmarks, complementing its existing crypto and DeFi indices. It reflects a broader trend among major providers to offer rules-based tools for institutions as tokenized markets evolve.
Dinari, known for developing tokenized U.S. equities and securing regulatory approvals, highlighted how blockchain technology can modernize traditional benchmarks, making them more accessible and globally relevant.
This development comes amid growing interest in diversified crypto exposure and follows similar initiatives by other index providers to track the “crypto economy.” However, most existing alternatives focus solely on tokens or blockchain-related equities, rather than encompassing both aspects.
