S&P Launches New Crypto Index, Signaling Growing Acceptance in Finance

S&P Global is entering the realm of cryptocurrency index tracking with a new benchmark designed to capture the dynamic growth of digital assets. This move signals growing acceptance of crypto within traditional finance systems. The S&P Digital Markets 50 Index, developed in collaboration with tokenization firm Dinari, will track a diverse array of digital assets and companies involved in blockchain technology. The index includes 15 cryptocurrencies exceeding $300 million in market capitalization and 35 public-traded companies in the sector boasting a minimum market cap of $100 million.