S&P Dow Jones Expands Tokenized Index Products in Collaboration with Exchanges and DeFi

According to reports from HashChain, S&P Dow Jones Indices is exploring partnerships with major exchanges, custodians, and decentralized finance protocols to launch tokenized versions of benchmark index products. Earlier this year, the company collaborated with Centrifuge to authorize a tokenized S&P 500 index. Stephanie Rowton, a director at S&P Dow Jones, stated that this move aims to establish a robust infrastructure to support index tokenization trading. The plan primarily considers transparency, security, and regulatory compliance, and may expand to the tokenization of other flagship indices such as the Dow Jones Industrial Average.