Centrifuge has partnered with S&P Dow Jones Indices (S&P DJI) to introduce the first tokenized S&P 500 Index fund, bringing the index onchain. This collaboration allows for programmable index-tracking products, utilizing official S&P DJI data through Centrifuge's blockchain platform. Cameron Drinkwater from S&P DJI mentioned that this initiative opens new use cases for The 500™ globally. Anemoy Capital has been licensed to develop the Janus Henderson Anemoy S&P 500 Index Fund Segregated Portfolio, supported by S&P DJI index data and Centrifuge's infrastructure. Notably, earlier collaborations between Centrifuge and tokenized funds saw one strategy achieve $1 billion in assets quickly. The onchain S&P 500 will allow for diverse investment strategies and enhanced transaction capabilities, promoting a 24/7 accessible and transparent market. The official launch of the tokenized fund is set for July 1 during the Centrifuge RWA Summit in Cannes. Experts emphasize that actual utility and liquidity are essential for the success of tokenized markets.

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