Chainlink and Dinari bringing S&P crypto stock index onchain
Summary
Tokenized equities firm Dinari and Chainlink announced a collaboration to bring the forthcoming S&P Digital Markets 50 Index onchain. This index, developed by Dinari and S&P Dow Jones Indices, will track 35 U.S.-listed companies driving blockchain adoption alongside 15 major digital assets. Chainlink's oracle platform will supply verified, real-time pricing and performance data to ensure the onchain, tokenized benchmark remains accurate and transparent. The index is scheduled to launch in the fourth quarter of this year, and Dinari plans to tokenize it via its dShares service later in the year. This move aligns with the growing market expectation for tokenized real-world assets, which Standard Chartered Bank predicts could reach $2 trillion by 2028. Chainlink Labs noted this partnership enables one of the first indexes to operate onchain with verifiable, real-time data spanning both traditional and digital assets.
(Source:The Block)