Frist Licensed Tokenized S&P 500 Index Fund Launched by Centrifuge, Janus Henderson, and S&P DJI
Tokenization is making waves on Wall Street. On September 25, Centrifuge, Janus Henderson, and S&P DJI unveiled SPXA, the first licensed S&P 500 index fund. This move marks a significant step for real-world assets in the crypto space.
SPXA will mirror the S&P 500, offering exposure to this crucial index in on-chain finance, DeFi platforms, and DAOs. Traders can enjoy transparent holdings and programmability across DeFi protocols.
According to Bhaji illuminati, CEO of Centrifuge, “The S&P 500 is a cornerstone of global finance.SPXA makes it easier to bring stocks on-chain, unlocking liquidity and accessibility for investors worldwide.”
Janus Henderson, a major asset manager with $457 billion in AUM, will manage the fund. Nick Cherney, Head of Innovation at Janus Henderson, stated, “SPXA is part of our blockchain strategy, bringing the S&P 500 to new investors.”
S&P DJI provides institutional backing for SPXA. Cameron Drinkwater, Chief Product Officer at S&P DJI, noted, “Our partnership with Centrifuge allows investors to access the S&P 500 within a blockchain ecosystem that supports liquidity and openness.”
This collaboration aims to expand secure,efficient access to global markets,making every asset investable on-chain.
