In brief

  • Dinari is building a new blockchain based equities index and bringing it on-chain in collaboration with Chainlink.
  • The firm worked with S&P 500 and Dow Jones creator S&P Dow Jones Indices to build the index.
  • The S&P Digital Markets 50 Index is comprised of 35 blockchain-related equities and 15 major digital assets.

Tokenized equity provider Dinari is collaborating with Chainlink to bring a new blockchain focused equities index on-chain, the firm announced on Wednesday.

The S&P Digital Markets 50 Index built by Dinari with the help of index provider S&P Dow Jones Indices—the maintainer of the S&P 500 and the Dow Jones indices—is expected to start before the end of the year.

“By powering the S&P Digital Markets 50 Index, Chainlink is enabling one of the first indexes to operate on-chain with verifiable, real-time index data that spans both traditional and digital assets,” Chainlink’s Capital Markets President Fernando Vazquez said in a statement.

The index is built with 35 U.S. listed firms that have connections to blockchain and 15 major digital assets. However, an official list of assets has not been published yet, and a representative for the firms did not immediately respond to Decrypt’s request for comment.

To continue reading:

https://blockworks.co/news/18m-eth-to-hit-market