S&P Dow Jones Indices is exploring partnerships with exchanges, custodians, and DeFi protocols to list tokenized versions of its benchmarks. This move aligns with the growing interest in tokenized financial products, with institutional players showing curiosity and engagement in both traditional finance and DeFi markets.

The firm’s director of US equities, Stephanie Rowton, sees blockchain technology as transformative in bridging traditional finance and decentralized finance. Interest in tokenized index products is highest among digitally native investors and institutions looking to diversify portfolios, especially in Europe, Asia, and LatAm regions.

By 2030, tokenized indexes are expected to play a crucial role in global markets, enhancing cross-border liquidity and market access. Rowton believes that tokenization complements S&P DJI’s traditional licensing business, opening up new opportunities without compromising benchmark integrity.

Tokenized stocks are gaining momentum, with a market capitalization of blockchain-based financial products reaching $370 million by July. OpenEden recently partnered with BNY Mellon to manage and custody assets for its tokenized US Treasury product, TBILL, the first Moody’s “A”-rated tokenized Treasury fund to utilize a global custodian.

Read more at CoinTelegraph: S&P Dow Jones Eyes Tokenized Index Listings on Exchanges, DeFi