The Centrifuge and S&P Dow Jones index today announced plans to launch the first tokenized S&P 500 index fund in the world’s most traded index.
According to data from Defilama, the real-world asset (RWAS) tokenization platform, the centrifugal sector, currently boasts a total value of approximately $517 million (TVL) and a market capitalization of $97 million. Its RWA protocol is the 9th largest in TVL.
The collaboration will introduce a new index proof infrastructure and allow asset managers at S&P DJI licenses to launch programmable and compliant index tracking funds using S&P 500 data, according to a press release read by The Defiant.
The first fund managed by Anemoy Capital and supported by Janus Henderson was launched today at the Centrifuge RWA Summit in Cannes. The fund, dubbed the Janus Henderson Anemoy S&P 500 Index Fund’s Quarantine Portfolio, combines institutional regulatory compliance with Smart Contract Infrastructure, built on Centrifuge’s native blockchain.
The partnership was one of the first time that S&P DJI allowed index data to be used on-chain. The S&P 500 records more than $1 trillion in daily trading every day in a programmable format that DAOs, fintech apps and institutional investors can use for 24/7 trading, automated strategies, and on-chain lending.
“Traditional financial benchmarks still form the global economy. However, for the next generation of financial infrastructure, these benchmarks must be programmable, accessible and interoperable in future formation systems.”
“We are not only replicating traditional systems, we are transforming them,” the Illuminati added. “This is a trust that meets programmerism. It’s a step into an open, global, 24/7 market designed for the next era of capital formation.”
According to Nick Sherney, Janus Henderson’s centrifugation fund Jtrsy, within a few weeks, Janus Henderson’s centrifugation fund, has expanded to assets (AUMs) that manage more than $500 million in assets (AUMs).
“By launching a tokenized S&P 500 index fund, we are excited to take the next step in centrifugation,” Cherney said in a statement. “This isn’t just another product, it’s a blueprint for how institutional finance thrives in chains.”
Last month, Centrifuge expanded its reach to the Solana blockchain with the launch of facility-grade RWA products. Dejtrsy, the first token in Solana, was exposed to the US Treasury for a short period and became available in Raydium, Kamino and Lulo.
