Centrifuge has announced a groundbreaking partnership with S&P Dow Jones Indices to launch the first tokenized S&P 500 index fund, bridging traditional finance with decentralized finance (DeFi) through blockchain innovation.
The collaboration leverages Centrifuge’s Proof-of-Index infrastructure, enabling asset managers to create compliant, programmable index-tracking products on-chain. The tokenized fund, trading under the ticker SPX, will be managed by Anemoy Capital and Janus Henderson Investors.
This initiative builds on demonstrated market acceptance of tokenized funds as evidenced by previous successes like JTRSY and JAAA offerings. Insights from Boston Consulting Group highlight significant growth potential, projecting the on-chain economy could reach $16 trillion by 2030 amid accelerating TradFi-DeFi convergence.
The tokenized S&P 500 aims to democratize access to premier equity benchmarks, providing new investment avenues for decentralized autonomous organizations (DAOs), fintech platforms, and global investors seeking seamless exposure to traditional markets within DeFi ecosystems.