S&P unveils Digital Markets 50 Index tracking cryptos and blockchain stocks
New S&P index will track 15 cryptocurrencies and 35 blockchain-linked stocks, signaling deeper integration of digital assets into global markets.
S&P Global plans to launch a new benchmark index that tracks a wide range of digital assets and blockchain-related companies, signaling growing recognition of the crypto sector within traditional finance.
The S&P Digital Markets 50 Index, created in partnership with tokenization company Dinari, includes 15 cryptocurrencies with a market capitalization of at least $300 million and 35 publicly traded companies in the sector with a market cap of at least $100 million, S&P announced Tuesday.
Constituents have not yet been published, but no single component will exceed 5% of the index. Some of the sector’s biggest companies include Bitcoin treasury company Strategy (MSTR), crypto exchange Coinbase (COIN) and Bitcoin miner Riot Platforms (RIOT).
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