Centrifuge, S&P DJI Launch First Tokenized S&P 500 Index Fund

Blockchain infrastructure platform Centrifuge has teamed up with S&P Dow Jones Indices (S&P DJI) to bring the S&P 500 Index onchain for the first time, according to a press release shared with Cointelegraph.

The collaboration introduces proof-of-index infrastructure for tokenized products and the debut of the first tokenized S&P 500 Index fund, per the announcement.

Built on Centrifuge’s blockchain-native platform, the fund uses official S&P DJI index data to offer programmable index-tracking funds via smart contracts.

“Today is the start of an…