Centrifuge, Janus Henderson and S&P DJI have launched SPXA, the first licensed S&P 500 index fund.
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Centrifuge, Janus Henderson and S&P DJI will launch the first approved S&P 500 index fund, with SPXA index tracking the S&P 500 and making it available on DAOS and on-chain funds
Tokenization is becoming more and more mainstream on Wall Street. On Thursday, September 25th, Centrifuge announced the launch of the Janus Henderson Anemoy S&P 500 Fund (SPXA). The fund is the first S&P 500 index fund licensed by S&P Dow Jones Indices, a leading index provider.
This move represents a significant milestone in crypto’s real-world assets. SPXA Fund provides exposure to the S&P 500 index on on-chain finance, the Defi platform, and DAO. Traders have access to transparent holding, programmaticity and complexity across the Defi protocol.
“Traditional financial benchmarks still form the global economy, with no indicators as important as the S&P 500,” said Bhaji Illuminati, CEO of Centrifuge. “Indexes are the best way to provide stocks on-chain. They are simple, collateral ready, and unlock liquidity in ways that individual securities cannot. SPXA is the next step to making all assets investable on-chain and allowing investors around the world to travel 24 hours a day.”
Centrifuge SPXA to support chain fluidity
Janus Henderson, one of the world’s largest active asset managers with an AUM of $457 billion, will serve as the fund’s sub-investment manager.
“Centrifuging SPXA launches is a natural advancement in blockchain strategy, bringing the world’s most important equity index to a new generation of investors,” said Nick Cherney, head of innovation at Janus Henderson. “This is the beginning of a broader effort to expand tokenization capabilities and expand secure and efficient access to global markets.”
S&P Dow Jones Indices, owner and manager of the S&P 500 Index, provides institutional legitimacy to SPXA tokenization funds.
“Collaboration with centrifugation allows investors to get a direct contact with S&P 500 indexes within the blockchain ecosystem that supports liquidity, transparency and interoperability.” “Blockchain is a transformative opportunity for S&P DJI, and centrifuges are collaborators with a common vision to build the future of index-related financial products.”
