S&P Global and Dinari Launch Tokenized Digital Markets 50 Crypto Index with Blockchain Stocks

S&P Global and tokenization firm Dinari have unveiled the Digital Markets 50, a hybrid crypto index tracking 15 major cryptocurrencies (min $300 million market cap) and 35 blockchain stocks (min $100 million market cap). Each component is capped at 5%, with quarterly rebalancing under standard S&P governance. Expected constituents include MicroStrategy (MSTR), Coinbase (COIN) and Riot Platforms (RIOT), covering bitcoin mining, exchanges and payment platforms. Dinari plans to issue a tokenized version called “dShare” on its dShares platform by late 2025, offering direct on-chain exposure. As the first on-chain combined equity and crypto index, this launch signals deeper institutional adoption and paves the way for passive ETFs tracking crypto benchmarks. The new crypto index reflects growing market maturity, enhances tokenization use cases and strengthens bridges between traditional finance and digital assets.