S&P Makes Massive Crypto Push With New Multi-Asset Index

S&P Global launched the S&P Digital Markets 50 Index, a benchmark that combines 15 cryptocurrencies with 35 crypto-related equities. It was developed with Dinari, a U.S. platform for tokenized public securities, which will issue a tokenized version through its dShares platform by year's end. According to S&P, eligible companies include those in crypto operations and blockchain technology, with a minimum market capitalization of $100 million, while new cryptocurrency constituents must exceed $300 million. Single assets are capped at 5% of the index weight, and the index follows S&P's standard quarterly rebalancing.