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S&P Dow Jones Indices Plans to Launch Tokenized Index Products
Summary: According to Cointelegraph, S&P Dow Jones Indices (S&P DJI) is in talks with major exchanges and DeFi protocols to launch blockchain-based tokenized index products. Company executives have indicated that the initial products may include tokenized versions of the S&P 500 Index and the Dow Jones Industrial Average. Previously, the company collaborated with Centrifuge to introduce ...
According to Cointelegraph, S&P Dow Jones Indices (S&P DJI) is in talks with major exchanges and DeFi protocols to launch blockchain-based tokenized index products. Company executives have indicated that the initial products may include tokenized versions of the S&P 500 Index and the Dow Jones Industrial Average. Previously, the company collaborated with Centrifuge to introduce an on-chain index fund based on the S&P 500. Data shows that as of the end of July, the total market value of tokenized financial products has reached $370 million.
