The active specialist in the real world, Centrifuge has launched what calls the first S&P 500 index fund licensed in Blockchain Rieles, opening one of the most recognized capital reference points in the world to investors in the chain.
The Janus Henderson Anemoy S&P 500 Fund, called SPXA, was launched on Thursday at the base, an Ethereum Layer-2 network developed by Crypto Exchange Coinbase.
The offer is the first tokenized index fund Bachelor of the S&P Jones indices. It allows the S&P 500, a wide basket of the largest American companies that are listed on the stock market that cover approximately 80% of the US capital market. UU., Will change throughout the day with transparent holdings.
Falconx, a digital asset broker, was an anchor inverter in the product, while Wormhole, a cross messenger protocol, will handle the future expansion to other blockchains. Janus Henderson, a Global Assets manager based in London with almost $ 500 billion in AUM, serves as a subinversion manager, while Centrifuge’s asset management arm, Anemoy, supervises the fund.
The initiative conforms to a broader tendency to bring traditional financial instruments, such as bonds, funds and actions, often called active world assets (RWA), to the Blockchain rails. Proponents explore tokenization for operational profits, faster settlements and trade all day.
Centrifuge, which has built infrastructure to tokenize private credit and fixed income since 2017, sees SPXA as its point of entry into shares, a tokenization trend that has recently taken off.
“The indices are the best way to take the actions in the chain,” said Bhaji Illuminati, CEO of Centrifuge, in a statement. “They are simple, ready in the guarantee and unlock liquidity in a way that individual values ​​cannot.”
For S&P Jones indices, the offering is a springboard to “build the future of financial products linked to the index” Traditional financial products are beginning to migrate to Blockchain environments, said Cameron Drinkwater, director of S&P DJI products.
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