S&P Global New Index Combines Cryptocurrencies and Stocks
Notably, S&P Global created the index in collaboration with Dinari, a fintech company focused on blockchain finance. The index aims to provide a solid benchmark for investors looking for a diversified view of the digital asset market.
The 15 cryptocurrencies will be selected from the S&P Cryptocurrency Broad Digital Market Index. Likewise, the 35 companies must be involved in digital asset operations, financial services, and blockchain applications.
To maintain balance, the index limits each asset to a maximum of 5%. This rule helps avoid over-reliance on any single cryptocurrency or stock. Additionally, the index has strict eligibility criteria. Cryptocurrencies must have a market capitalization of at least $300 million, while stocks must have a minimum of $100 million. Currently, the index would only include the top 276 cryptocurrencies.
Dinari also plans to launch a new investment token that will track the performance of the new benchmark. This token will be available through Dinari’s dShares platform. The index is expected to start operating by the end of the year.
Exchanges Unveil a New Way to Invest in U.S. Stocks
In June, Gemini, a well-known cryptocurrency exchange, introduced tokenized shares of Strategy (MSTR) to its European Union (EU) users. These tokenized shares are backed by fundamental U.S. equities, giving investors the same financial benefits as owning traditional stocks. This new offering is designed to make investing in U.S. stocks easier for people worldwide.
That same month, Coinbase requested that the Securities and Exchange Commission (SEC) grant its permission to offer its users tokenized stocks. This would allow Coinbase to provide stock trading through blockchain technology, expanding its service beyond crypto.
Furthermore, Robinhood, a leading financial company, announced that its European users can now trade U.S.-listed stocks. Its users can also trade exchange-traded funds (ETFs) as tokens on the Arbitrum blockchain.
Trump Administration Takes Softer Stance on Crypto
These exchange moves come as the United States government shifts to a more crypto‑friendly approach. President Donald Trump has supported the industry by meeting with crypto leaders at the White House and nominating pro‑crypto regulators.
This regulatory change has boosted confidence in the market. As a result, Bitcoin and other cryptocurrencies have hit new highs this year as more investors get involved.
Under Trump, the SEC has also dropped lawsuits against big crypto firms such as Coinbase, Kraken, and Binance. Meanwhile, a new task force is now working on more explicit rules for digital assets, marking a fresh start for the industry.