Centrifuge has partnered with S&P Dow Jones Indices to launch the inaugural tokenized version of the S&P 500 Index fund, merging institutional standards with blockchain technology to deliver programmable and transparent onchain investment solutions.
The collaboration utilizes Centrifuge’s blockchain platform to embed S&P DJI index data directly into smart contracts, enabling fully automated and customizable index fund products. This tokenized S&P 500 fund promises global round-the-clock access and upholds institutional-grade investment rigor.
The Proof-of-Index Infrastructure anchors official S&P DJI data within smart contracts, establishing new benchmarks for transparency and reliability in tokenized indices. Emphasis is placed on utility and liquidity as essential drivers for tokenized asset adoption, stressing the need for concrete benefits beyond basic digitization.
The fund is set for official launch at the Centrifuge RWA Summit in Cannes.