TLDR
- Dinari has partnered with Chainlink to bring the S&P Digital Markets 50 Index onchain.
- The index will track 35 blockchain-related public companies and 15 leading cryptocurrencies.
- Chainlink will provide real-time and verified pricing data through its decentralized oracle network.
- Dinari will issue tokenized shares called dShares that are backed 1:1 by underlying assets.
- A regulated custodian will hold the underlying stocks and maintain investor rights such as dividends.
Dinari has partnered with Chainlink (LINK) to bring the S&P Digital Markets 50 Index onchain. The collaboration introduces real-time blockchain-based pricing data for the upcoming index.
Chainlink will provide transparent pricing feeds through its decentralized oracle network. The network ensures reliable data for tracking both traditional and crypto assets.
The index will include 35 blockchain-related public companies and 15 major cryptocurrencies. Dinari plans to issue a tokenized version using its “dShares” platform.
Each dShare will be backed 1:1 with the underlying stock. A regulated custodian will hold assets and maintain investor rights such as dividends.
S&P Dow Jones Indices confirmed that it will not issue or back the token. However, it verified that Chainlink’s integration meets transparency and data accuracy standards.
Chainlink Delivers Reliable Onchain Data
Chainlink’s decentralized oracles will continuously update the index data. This system ensures that market movements are reflected in near real-time.
Oracles connect blockchain systems with verified external information. They allow smart contracts to execute using accurate off-chain data.
“By powering the S&P Digital Markets 50 Index, Chainlink enables verifiable onchain index data,” said Fernando Vazquez of Chainlink Labs.
He emphasized the importance of reliable data across traditional and crypto markets.
Chainlink strengthens data delivery by combining multiple sources before verification. This method helps reduce manipulation and ensures pricing accuracy.
The company continues to expand its partnerships with financial data providers. It aims to make trusted financial information accessible on blockchain platforms.
Dinari Expands Real-World Asset Tokenization
Dinari’s dShares model bridges traditional equities with blockchain technology. The platform allows investors to hold tokenized assets with full legal backing.
Its tokens mirror real-world securities while complying with existing regulations. Investors can redeem tokens or receive dividends as in standard equity markets.
This initiative expands Dinari’s product line into hybrid financial instruments. It integrates digital assets with familiar investment mechanisms.
Chainlink enhances Dinari’s ability to deliver transparent market data. Both firms highlight shared goals of secure and verified onchain information.
Other platforms, such as Centrifuge, have launched similar tokenized index products. Centrifuge’s SPXA tracks the S&P 500 and trades on Coinbase’s Base network. Dinari and Chainlink’s partnership marks a further step toward real-time financial tokenization. Their collaboration ensures institutional-grade accuracy for blockchain-based market tracking.
Get 3 Free Stock Ebooks
Discover top-performing stocks in AI, Crypto, and Technology with expert analysis.
- Top 10 AI Stocks - Leading AI companies
- Top 10 Crypto Stocks - Blockchain leaders
- Top 10 Tech Stocks - Tech giants
