Centrifuge & S&P DJI Shatter Barriers: World’s First Tokenized S&P 500 Index Fund Goes Live
Wall Street meets blockchain in a seismic shift for institutional finance. Centrifuge and S&P Dow Jones Indices just dropped the ultimate TradFi-DeFi hybrid: a tokenized S&P 500 fund that lets investors track the benchmark index on-chain.
The move signals growing institutional appetite for blockchain-based exposure to traditional assets—even if the old guard still thinks Bitcoin is "just a fad."
Expect resistance from legacy players as this fund bypasses traditional custodians entirely. The tokenized structure cuts settlement times from T+2 to near-instant while maintaining full regulatory compliance.
One cynical take? This might finally force boomer fund managers to learn what a wallet address is—assuming they can find their password recovery phrases.
