S&P Global has entered the crypto arena with the launch of the S&P Digital Markets 50 Index, a first-of-its-kind benchmark tracking both digital assets and publicly traded crypto-related companies. Developed with Dinari, a U.S. platform specializing in tokenized public securities, the index includes 35 equities and 15 cryptocurrencies drawn from S&P's digital asset suite. In other words, the index will combine 15 major cryptocurrencies with 35 crypto-related stocks.
Nasdaq Inc. is asking regulators to let investors trade tokenized versions of stocks on its exchange, a move that could mark the first big test of blockchain technology inside the core of America's equity markets. The exchange operator is seeking approval from the US Securities and Exchange Commission to amend certain rules, including the definition of a security, that would allow stocks to be tokenized and traded on regulated venues like Nasdaq, according to a filing Monday.