S&P Dow Jones is in discussions to introduce tokenized indices to trading platforms and Decentralized Finance.

BlockBeats news, on August 16, according to Stephanie Rowton, the Director of U.S. Equities at S&P Dow Jones Indices, the company is in discussions with major trading platforms, custodians, and DeFi protocols to authorize and list tokenized versions of its benchmark indices. Rowton stated in an interview that the index provider is taking a "strategic approach" to ensure that tokenized S&P products are launched only when they meet high standards of transparency, security, and regulatory compliance. She said, "By establishing these types of partnerships, we hope to collaboratively build a robust infrastructure that supports the trading and accessibility of our index tokenized versions, ultimately enhancing the investor experience." The move into Blockchain comes as institutional interest in tokenization of financial products is accelerating. Earlier this year, S&P DJI entered the space through a tokenization partnership with Centrifuge, which leverages official data to provide programmable tracking index funds via smart contracts.