Dinari and Chainlink Partner to Launch Onchain S&P Digital Markets 50 Index
Dinari, a leading provider of tokenized U.S. equities and ETFs, announced a collaboration with Chainlink today. They will launch the S&P Digital Markets 50 Index as one of the first indexes to operate fully onchain.
The index is scheduled for release in the fourth quarter of 2025. It was developed alongside S&P Dow Jones Indices (S&P DJI). The goal is to deliver real-time, verifiable data for this new index. This marks a move toward institutional-grade benchmarks running directly on blockchain.
A Hybrid Index Combining Stocks and Digital Assets
The S&P Digital Markets 50 Index tracks a hybrid portfolio. It includes 35 U.S.-listed companies focused on blockchain adoption and 15 leading digital assets. Later in 2025, Dinari plans to launch an investable version through its dShares™ product.
- dShares™ tokens will be fully backed one-to-one by the underlying equity or asset.
- Investors gain exposure to both U.S. equities and cryptocurrencies.
- The index will use Chainlink as the official oracle for verified pricing and performance data.
This setup ensures accurate, transparent data from trusted financial sources. It helps meet standards for both traditional and digital asset investors.
Key Statements from Executives
Gabe Otte, CEO and co-founder of Dinari, highlighted the importance of reliable data in finance. He said, “Financial systems depend on trusted data and transparent infrastructure. Working with S&P Dow Jones Indices and Chainlink allows us to bring that same standard of reliability to tokenized benchmarks.”
Fernando Vazquez, President of Capital Markets at Chainlink Labs, said, “This partnership represents a major step toward institutional-grade benchmarks operating directly onchain.”
Cameron Drinkwater, Chief Product & Operations Officer at S&P Dow Jones Indices, added, “Chainlink’s decentralized oracle network provides a crucial intermediary for the soon-to-be-launched S&P Digital Markets 50 Index. This ensures data integrity and connectivity in a transparent, reliable way.”
Tokenized Infrastructure and Industry Impact
Dinari’s dShares™ tokens are fully backed by the corresponding stocks held with regulated custodians. Investors retain full economic rights, including dividends and redeemability at market value.
This collaboration creates a secure and auditable infrastructure for financial products on blockchain. It supports programmable finance and new investment opportunities.
Dinari, an early pioneer in tokenized securities, secured U.S. broker-dealer registration for its subsidiary. While dShares™ currently serve mainly non-U.S. investors, this move reflects growing interest in tokenized real-world assets.
Chainlink has secured trillions in transaction value across DeFi. It partners with major firms like Swift, Euroclear, and Fidelity International to deliver institutional-grade onchain data.
