Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnSquareMore
Centrifuge launches SPXA, a tokenized S&P 500 index fund on Base

Centrifuge launches SPXA, a tokenized S&P 500 index fund on Base

Cryptobriefing2025/09/25 21:54
By:Cryptobriefing

Key Takeaways

  • Centrifuge launched SPXA, the first licensed tokenized S&P 500 index fund, on the Base Ethereum Layer 2 network.
  • SPXA provides 24/7 trading access to S&P 500 exposure in tokenized form.

Share this article

Centrifuge, a blockchain platform specializing in real-world asset tokenization, today launched SPXA, a tokenized S&P 500 index fund exclusively on Base, an Ethereum Layer 2 network.

The launch marks the first licensed tokenized S&P 500 product, developed through a collaboration between Centrifuge and S&P Dow Jones Indices. The fund enables 24/7 trading of S&P 500 exposure while integrating with DeFi protocols for programmable finance.

SPXA is co-managed by Anemoy Capital and JHI Advisors, with FalconX Global serving as the anchor investor. Wormhole, a cross-chain messaging protocol, will power multichain expansion for the fund.

Share this article

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

Public Company's $IP Token Reserve Marks the Beginning of a Programmable IP Economy Era

- Crypto.com partners with IP Strategy, first public company to use $IP tokens as primary reserve asset. - Agreement includes custody, trading, and staking for 52.5M $IP tokens valued at $230M, boosting institutional IP token adoption. - Partnership enables regulated exposure to $80T programmable IP economy via Story Protocol's blockchain infrastructure. - Executives highlight infrastructure's role in securing IP assets while risks like liquidity and custody execution remain critical concerns.

Bitget-RWA2025/11/11 21:42
Public Company's $IP Token Reserve Marks the Beginning of a Programmable IP Economy Era