Centrifuge, Janus Henderson, and S&P DJI launched SPXA, the first licensed tokenized S&P 500 index fund.
Summary
- Centrifuge, Janus Henderson, and S&P DJI launched the first licensed S&P 500 index fund
- The SPXA index will track the S&P 500, making it available for DAOs and on-chain funds
Tokenization is increasingly becoming mainstream on Wall Street. On Thursday, Sept. 25, 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.
The move represents a significant milestone for real-world assets in crypto. The SPXA fund will provide exposure to the S&P 500 index in on-chain finance, DeFi platforms, and DAOs. Traders will have access to transparent holdings, programmability, and composability across DeFi protocols.
“The benchmarks of traditional finance still shape the global economy, and there’s no index more important than the S&P 500,” said Bhaji Illuminati, CEO of Centrifuge. “Indices are the best way to bring stocks on-chain: they’re simple, collateral-ready, and unlock liquidity in ways individual securities can’t. SPXA is the next step in making every asset investable on-chain, accessible to investors worldwide, around the clock.”
Centrifuge’s SPXA to support liquidity on-chain
Janus Henderson, one of the world’s largest active asset managers with $457 billion in AUM, will serve as sub-investment manager for the fund.
“Launching SPXA with Centrifuge is a natural progression of our 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 start of a broader effort to scale our tokenization capabilities and expand secure, efficient access to global markets.”
S&P Dow Jones Indices, the owner and administrator of the S&P 500 index, provides the SPXA tokenized fund with institutional legitimacy.
“Our collaboration with Centrifuge enables investors to gain direct exposure to the S&P 500 Index within a blockchain ecosystem that supports liquidity, transparency, and interoperability,” said Cameron Drinkwater, Chief Product Officer at S&P Dow Jones Indices. “Blockchain is a transformative opportunity for S&P DJI, and Centrifuge is a collaborator with a shared vision to build the future of index-linked financial products.”