Real-world asset (RWA) platform Centrifuge has launched the first S&P 500 index fund fully licensed for blockchain, making this major stock market benchmark available for on-chain investment.
The Janus Henderson Anemoy S&P 500 Fund (SPXA) launched Thursday on Base, Coinbase's Ethereum layer-2 scaling solution.
This marks the first tokenized index fund officially licensed by S&P Dow Jones Indices. It enables 24/7 trading of the S&P 500 index - representing 80% of U.S. market capitalization - with complete transparency.
Digital asset brokerage FalconX served as anchor investor, while cross-chain protocol Wormhole will facilitate multi-chain expansion. Janus Henderson ($500B AUM) acts as sub-investment manager with Centrifuge's Anemoy managing the fund.
The launch continues the RWA trend of tokenizing traditional assets like bonds and equities for blockchain benefits including operational efficiency, faster settlement and continuous trading.
Centrifuge, building tokenization infrastructure since 2017, views SPXA as its entry into equities tokenization. "Indices are the optimal method for on-chain stocks - simple, collateral-ready with superior liquidity," stated Centrifuge CEO Bhaji Illuminati.
S&P DJI's Cameron Drinkwater called this "a foundational step for index-linked products migrating to blockchain environments."