Crypto News: Dinari, Chainlink, and S&P Dow Jones Launch Onchain Crypto Index

Dinari, Chainlink, and S&P DJI launch a groundbreaking on-chain crypto index, the S&P Digital Markets 50, combining U.S. equities and digital assets.

Tokenized equities leader Dinari announced a significant collaboration with Chainlink and S&P Dow Jones Indices (S&P DJI). The companies are jointly creating the S&P Digital Markets 50 Index as one of the first indices that can verifiably run on a blockchain. Specifically, the tokenized index will launch in the fourth quarter of 2025.

Groundbreaking Index Combines Traditional Equities and Digital Assets

The revolutionary new index was perfectly crafted in close collaboration between Dinari and S&P DJI. In fact, S&P Dow Jones Indices is probably one of the most trusted index providers in the world. The index is intended to follow thirty-five leading U.S.-listed companies that are at the forefront of the expansion of blockchain use. In addition, it will bundle these equities with fifteen major digital assets. The hybrid structure provides investors with diversified, single exposure.

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In addition, the S&P Digital Markets 50 Index is specifically designed to increase transparency and give more market participants access globally. The index will incorporate the traditional index governance together with the innovative tokenized product distribution. This convergence is a huge step towards aligning the traditional finance and emerging digital asset markets. As a result, it opens a new market for investment.

Later this year, Dinari will carefully tokenize the new index in its dShares offering. This offering is a fully supported tokenized equities offering. Therefore, this important step will lead to the creation of a readily investible version of the benchmark. This unique product gives investors a one-point exposure to both U.S. equities and cryptocurrencies.

Integration on Avalanche is very critical to functionality (integrity). It incorporates some critical Chainlink Price Feeds and SmartData services. These solutions include Proof of Reserve, NAVLink and SmartAUM solutions. In addition, there are plans to integrate other Data Feeds and Automated Compliance Engine (ACE) in the future. Chainlink will provide verifiable data and official index values to various supporting Decentralized Finance (DeFi) platforms.

Oracles Ensure Verifiability for Institutional-Grade Onchain Benchmark

Blockchain’s decentralised oracle platform will provide verified, real-time pricing and performance information. This information will directly fuel the onchain tokenized benchmark. Therefore, the Chainlink ensures the benchmark is accurate, transparent, and synchronized with the recognized offchain financial data sources. Data integrity is critical to institutional adoption and trust.

Gabe Otte, CEO and Co-Founder of Dinari, made an important statement about the need for such an approach. He said that the traditional financial systems are completely reliant on trusted data and transparent infrastructure. He also noted that the collaboration offers the same level of rigor of reliability to tokenized benchmarks. This will help guarantee that the index is a reliable source of data with integrity on the chain.

Cameron Drinkwater, Chief Product & Operations Officer at S&P Dow Jones Indices, also agreed on the value of the partnership. He said the index, which is yet to launch, is critically reliant on the integration with Chainlink’s decentralized oracle platform, which provides a crucial middle ground between the platforms and the real world. This partnership guarantees the required data integrity and connectivity.

Dinari guarantees that each equity component in the index is tokenized on a one-to-one basis. Specifically, the custodian holds the backing stock with a regulated custodian in a secure manner. Investors have full economic rights to the underlying assets, including cash dividends.

Ultimately, Dinari’s partnership will provide the greatest possible confidence in the delivery and use of the important index data. This, in effect, builds out a strong infrastructure for financial products that can be distributed, audited, and settled directly on blockchain systems.

Source: https://www.livebitcoinnews.com/crypto-news-dinari-chainlink-and-sp-dow-jones-launch-onchain-crypto-index/