Onchain indices are increasingly recognized as essential components that enhance liquidity and facilitate lending markets and stablecoin integration within decentralized finance (DeFi). This development is exemplified by the collaboration between S&P Dow Jones Indices and Centrifuge, which focuses on tokenizing traditional indices, such as the S&P 500, for onchain use. This effort aims to maintain trust, governance, and market integrity while integrating conventional financial products into blockchain ecosystems, showcasing how traditional finance is evolving in the DeFi landscape.
Centrifuge explores onchain integration of S&P 500 index
