S&P to Debut New Index Tracking Crypto Assets and Public Companies
S&P Dow Jones Indices will unveil a new index tracking cryptocurrencies and companies in the digital asset space, the company announced on Tuesday.
The S&P Digital Markets 50 Index will track 35 companies involved in the crypto space—including infrastructure providers, financial services, blockchain applications—and also 15 cryptocurrencies selected from the S&P Cryptocurrency Broad Digital Market Index, an index that tracks over 300 digital coins and tokens.
S&P Global told Decrypt that the debut was still a few weeks away and would not share company names at this time, although it did note that treasury companies would be eligible. It also said that meme coins would not be included in the index.
“Cryptocurrencies…
