S&P Dow Jones Integrates Chainlink to Bring Real-Time Index Data Onchain via Avalanche

• S&P and Dinari select Chainlink oracle for S&P Digital Markets 50 on Avalanche.
• Integration uses Chainlink feeds, including Proof of Reserve, NAV data, and SmartAUM capabilities.

S&P Dow Jones Indices and Dinari have selected Chainlink as the oracle provider to deliver real-time pricing data on Avalanche for the S&P Digital Markets 50 Index. The new index is planned to launch in the fourth quarter of 2025.

The integration will bring Chainlink Price Feeds for accurate market pricing, along with SmartData products such as Proof of Reserve, NAVLink, and SmartAUM. The partnership also plans to include data feeds and its Automated Compliance Engine (ACE) in the future.

Dinari, which offers tokenized U.S. equities and ETFs in 85 countries, intends to tokenize the index under its dShares system. Each token will correspond one-to-one with backing stock maintained under regulated custody conditions. Investors retain dividend rights and can redeem tokens for full market value.

S&P Dow Jones Indices (@SPGlobal) and @DinariGlobal have selected Chainlink as the official oracle provider for the S&P Digital Markets 50 Index to power official index values and live token prices for its multi-asset index.https://t.co/f7oiLQz3WN

The integration on Avalanche… pic.twitter.com/QP7x3KaTDK

— Chainlink (@chainlink) November 5, 2025

S&P Joins Chainlink for Tokenized Data

S&P Digital Markets 50 is the first benchmark of its kind to combine both U.S. equities related to blockchain development and a set of digital assets. The index contains 35 U.S.-listed companies and 15 digital assets. The index design aims to create unified exposure under a single structure.

Chainlink will deliver verified, real-time market data to support an on-chain tokenized benchmark. This integration ensures that the benchmark remains accurate, transparent, and backed by trusted financial data sources.

“Financial systems depend on trusted data and transparent infrastructure,” said Gabe Otte, CEO and Co-Founder of Dinari. “Working with S&P Dow Jones Indices and Chainlink allows us to bring that same standard of reliability to tokenized benchmarks, ensuring the S&P Digital Markets 50 operates with integrity and verifiability onchain,” said Gabe Otte.

Broader Industry Shift Toward Tokenized Assets

Cameron Drinkwater, Chief Product & Operations Officer at S&P Dow Jones Indices, said that integrating Chainlink’s decentralized oracle network acts as a “crucial intermediary” for the upcoming S&P Digital Markets 50 Index. The partnership helps maintain data integrity and consistent connectivity, supporting the index’s launch in a transparent and smooth manner. He said,

This collaboration ensures data integrity and connectivity that will bring the S&P Digital Markets 50 Index to market in a transparent, reliable and efficient manner.

The collaboration highlights a growing shift toward tokenized equity, bringing traditional shares into digital formats on blockchain networks. 

On Monday, FTSE Russell announced it will use Chainlink to publish market index data on blockchain networks. Chainlink has also worked with the U.S. Department of Commerce to place large sets of economic data on blockchain.

In June 2025, Backed Finance introduced xStocks, tokenized versions of real company shares. These tokens track the price of stocks like Tesla and Apple while existing on a blockchain network. Robinhood also rolled out a similar service for users in Europe.

Recommended for you: