S&P Global Unveils Hybrid Crypto Index Bridging TradFi and Tokens

S&P Global — the firm behind the S&P 500 — is introducing a new benchmark that merges traditional finance with the crypto frontier. The S&P Digital Markets 50, developed in partnership with Dinari, will track a mix of cryptocurrencies and crypto-linked equities.

What’s the Scoop?

• Blended Benchmark: The S&P Digital Markets 50 will include 15 major cryptocurrencies and 35 publicly traded crypto-related companies, spanning infrastructure, financial services, and blockchain applications — offering diversified exposure to the broader crypto economy.
• Caps and Criteria: Each asset will be capped at 5%, with a $100M minimum market cap for equities and $300M for cryptocurrencies. The index will follow S&P’s standard quarterly rebalancing and governance protocols.
• Tokenized Access: Dinari will launch an onchain version of the benchmark on its dShares platform, enabling investors to buy a tokenized version of the index through blockchain rails.
• Strategic Vision: S&P’s Cameron Drinkwater said the index “reflects how digital assets are moving from the margins into the mainstream,” while Dinari’s Anna Wroblewska called it “a milestone showing how blockchain can modernize trusted benchmarks.”