S&P Global has revealed its plan to introduce a new benchmark, the S&P Digital Markets 50 Index. This index will track the performance of both cryptocurrencies and publicly traded companies involved in the crypto space. It will consist of 15 leading cryptocurrencies combined with 35 equities tied to the digital asset market, offering a comprehensive view of the expanding digital asset landscape.
The announcement, made on October 7th, details that S&P Dow Jones Indices partnered with Dinari to create this index. Dinari will then issue a token on its dShares platform that mirrors the index’s performance, giving investors easier access to both the cryptocurrency and crypto-related stock sectors within a single investment product.
S&P explained that the equity component of the index will feature companies operating in various areas of the digital asset industry, including digital-asset operations, underlying infrastructure, relevant financial services, and blockchain technology applications. The cryptocurrency portion will be selected from S&P’s already established Broad Digital Market (BDM) universe of cryptocurrencies.
According to early reports in the financial press, the index will set a maximum weight of 5% for any single component. It will also require that companies have a minimum market capitalization of around $100 million and cryptocurrencies have a minimum market cap of approximately $300 million. The index will be rebalanced quarterly under the established S&P governance guidelines.
This launch expands S&P’s offering of digital asset benchmarks. It sits alongside their pre-existing crypto and DeFi indices. This expansion comes as major financial data providers increasingly seek to supply institutions with standardized, rules-based tools designed for the maturing tokenized asset markets.
Dinari, a company that specializes in tokenizing U.S. equities and that has achieved recent regulatory approvals, emphasized that the index shows how blockchain technology can improve established benchmarks. In turn, this can make them both more accessible and globally relevant for modern investors.
This move comes amid growing interest in diversified cryptocurrency exposure. It follows attempts by other index providers to track the wider “crypto economy.” However, many existing alternatives focus either exclusively on digital tokens or on stocks related to blockchain technology, but not both components together.