The partnership, unveiled in Cannes, debuts new proof-of-index infrastructure.<\/p>\n
Centrifuge and S&P Dow Jones Indices today unveiled plans to launch the first tokenized S&P 500 Index fund, bringing the world\u2019s most traded index on-chain.<\/p>\n
Centrifuge, a real-world assets (RWAs)<\/a> tokenization platform, currently boasts a total value locked (TVL) of around $517 million and a market capitalization of $97 million, according to DeFiLlama<\/a> data. Its RWA protocol is the 9th largest by TVL<\/a>.<\/p>\n The collaboration introduces new proof-of-index infrastructure, enabling S&P DJI-licensed asset managers to launch programmable, compliant index-tracking funds using official S&P 500 data, according to a press release viewed by The Defiant.<\/p>\n The first fund, managed by Anemoy Capital and backed by Janus Henderson, was launched today at the Centrifuge RWA Summit in Cannes. Named the Janus Henderson Anemoy S&P 500 Index Fund Segregated Portfolio, the fund combines institutional regulatory compliance with smart contract infrastructure, built on Centrifuge\u2019s native blockchain.<\/p>\n The partnership marks one of the first times the S&P DJI has allowed its index data to be used on-chain. It brings the S&P 500, which records over $1 trillion in daily trading, into programmable formats usable by DAOs, fintech apps, and institutional investors for 24\/7 trading, automated strategies, and on-chain lending.<\/p>\n “The benchmarks of traditional finance still shape the global economy. But for the next generation of financial infrastructure, these benchmarks need to become programmable, accessible, and interoperable with future-shaping systems,\u201d Bhaji Illuminati, CEO of Centrifuge, told The Defiant.<\/p>\n \u201cWe\u2019re not just replicating traditional systems, we\u2019re transforming them,\u201d Illuminati added. \u201cThis is trust meeting programmability. It\u2019s a step toward open, global, and 24\/7 markets, designed for the next era of capital formation.\u201d<\/p>\n Janus Henderson\u2019s first tokenized fund with Centrifuge, JTRSY, scaled to over $500 million in assets under management (AUM) within weeks, while the second tokenized fund strategy, JAAA, was the fastest to reach $1 billion in AUM, according to Nick Cherney, Head of Innovation at Janus Henderson.<\/p>\n \u201cWe\u2019re now thrilled to take the next step with Centrifuge by launching the tokenized S&P 500 Index fund,\u201d said Cherney in a statement. \u201cThis isn\u2019t just another product, it\u2019s a blueprint for how institutional finance can thrive on-chain.\u201d<\/p>\n