Tokenization News: Dinari Taps Chainlink to Bring S&P Digital Markets 50 Index Onchain
Summary
Tokenization specialist Dinari is integrating with the Chainlink oracle network to provide pricing data for bringing the S&P DJI's new S&P Digital Markets 50 Index onto the blockchain. This index will track 35 public blockchain-focused companies and 15 top cryptocurrencies. Dinari will issue a tokenized version, called "dShares," allowing investors exposure to both traditional finance (TradFi) and crypto markets through a single digital asset, with each dShare backed 1:1 by underlying stock held by a custodian. While S&P DJI is not officially backing the token, they confirmed that Chainlink's integration ensures the index data remains transparent and reliable. Chainlink's decentralized oracle network will feed verifiable, real-time data across traditional and digital assets directly to blockchain protocols, supporting this initiative which aligns with the broader trend of tokenizing real-world assets (RWA).
(Source:CoinDesk)