S&P Dow Jones Indices (S&P DJI) and Centrifuge have teamed up to introduce the first-ever tokenized S&P 500 Index fund. The project intends to bring the world’s most renowned stock benchmark onchain. This would provide investors with their first direct access to programmable, transparent, and round-the-clock index-tracking products through blockchain technology.
Centrifuge’s decentralized infrastructure enables a blockchain-native investment vehicle for the S&P 500. Through digital tokens controlled by smart contracts and official S&P DJI index data, investors may now purchase, hold, trade, and even use exposure to the S&P 500 as collateral.
Centrifuge: Proof Of Index Infrastructure
Centrifuge’s new “proof-of-index” infrastructure embeds official S&P DJI index data into smart contracts. This ensures that the tokenized fund closely tracks the S&P 500. It provides the same reliability and compliance as traditional index funds but with the added benefits of blockchain: transparency, automation, and global accessibility.
The infrastructure allows licensed asset managers to create decentralized, programmable funds that meet institutional standards. As noted by Anil Sood, Centrifuge’s Chief Strategy and Growth Officer,
“It’s about taking everything we learned in traditional markets and reimagining it with programmability, transparency, and global, 24/7 accessibility.”
The first fund to leverage this new model is the Janus Henderson Anemoy S&P 500 Index Fund Segregated Portfolio. Web3-native asset manager Anemoy Capital manages, and a global giant, Janus Henderson, sub-advises. The fund aims to launch later in 2025, pending regulatory approval. It will provide both retail and institutional investors with blockchain-based access to the S&P 500.
Previous tokenized funds with Centrifuge have achieved rapid adoption, with one strategy surpassing $1 billion in assets under management faster than any other tokenized fund to date. By bringing the S&P 500 on-chain, Centrifuge and S&P DJI are setting a new standard for integrating real-world assets into decentralized finance, offering unprecedented utility, transparency, and access.
READ MORE: Bitcoin Cash Price Prediction Points to $1,510 Target Amid Bullish Surge
