S&P Global to Launch Hybrid Index Combining Crypto Assets, Equities
S&P Global is set to introduce the S&P Digital Markets 50 Index, a pioneering benchmark that merges crypto-linked equities with cryptocurrencies. This marks the financial data giant's first foray into blending traditional equities and digital assets in a single product.
The index will comprise 35 companies engaged in digital asset operations, infrastructure, and blockchain technologies, alongside 15 cryptocurrencies selected from the S&P cryptocurrency Broad Digital Market Index. This dual approach aims to offer diversified exposure across the crypto ecosystem.
"Cryptocurrencies and the broader digital asset industry have moved from the margins into a more established role in global markets," said Cameron Drinkwater of S&P Dow Jones Indices. Market participants worldwide are increasingly incorporating digital assets into their investment strategies for diversification, growth, or innovation.