Centrifuge, a blockchain infrastructure platform, has partnered with S&P Dow Jones Indices (S&P DJI) to introduce the S&P 500 Index onchain for the first time. This collaboration marks the launch of proof-of-index infrastructure for tokenized products, including the inaugural tokenized S&P 500 Index fund. Utilizing Centrifuge’s blockchain platform, the fund leverages official S&P DJI index data to create programmable index-tracking funds through smart contracts. Cameron Drinkwater, S&P DJI's chief product officer, expressed excitement about expanding The 500™ into new applications globally. This initiative enables S&P DJI-licensed asset managers to create onchain funds that meet institutional standards while benefiting from decentralized finance's flexibility and transparency. Anemoy Capital has obtained the first license to develop the Janus Henderson Anemoy S&P 500 Index Fund Segregated Portfolio, powered by S&P DJI data and Centrifuge's infrastructure. The tokenized fund will launch at the Centrifuge RWA Summit in Cannes, aiming to standardize tokenized index products while emphasizing the need for utility and liquidity in tokenized markets. Read more AI-generated news on: https://app.chaingpt.org/news

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