In a major step forward for both Wall Street and crypto, Centrifuge has teamed up with S&P Dow Jones Indices to launch the first tokenized S&P 500 Index Fund, bringing the iconic stock market benchmark on-chain for the very first time.
Unveiled today at the Centrifuge RWA Summit in Cannes, the fund, called the Janus Henderson Anemoy S&P 500 Index Fund Segregated Portfolio, is managed by Web3-native asset manager Anemoy Capital and backed by global investment firm Janus Henderson.
It leverages Centrifuge’s blockchain infrastructure and official S&P 500 index data to offer a fully programmable, smart contract-based index fund for institutional and DeFi investors alike.
This partnership brings in a new “proof-of-index” system, which lets licensed fund managers use official S&P 500 data to create fully compliant, tokenized index funds. It’s the first time S&P Dow Jones Indices has allowed its benchmark data to be used on the blockchain, unlocking 24/7 trading, automation, and the ability to use these funds as collateral in DeFi.
“The benchmarks of traditional finance still shape the global economy,” said Centrifuge CEO Bhaji Illuminati. “But to become part of the next-gen infrastructure, they need to be programmable, accessible, and interoperable.”
Centrifuge is currently the 9th largest real-world asset (RWA) protocol by total value locked (TVL), with over $517 million in assets, according to DeFiLlama. Its previous collaborations with Janus Henderson have already proven successful, JTRSY and JAAA reached $500 million and $1 billion AUM respectively in record time.
With over $1 trillion in daily S&P 500-related trading volume across ETFs and derivatives, the move to tokenize this benchmark opens doors for DAOs, fintech apps, and asset managers to engage with the index in entirely new ways.
From on-chain trading and rebalancing to using S&P exposure as collateral, the fund brings both compliance and composability.
“Today is the start of an exciting new chapter for The 500,” said Cameron Drinkwater, CPO of S&P DJI.
This isn’t just a new financial product; it’s a template for how the biggest players in global finance can enter the on-chain world.
Also Read: Robinhood Launches Ethereum, Solana Staking and Tokenized Stocks
