S&P Dow Jones and Pantera Capital Launch Digital Asset Index Tracking Protocol Revenues

S&P Dow Jones Indices and Pantera Capital have jointly launched a digital asset index designed to track blockchain networks and protocol revenue performance. According to an official statement, the benchmark is derived from the S&P Cryptocurrency Broad Digital Asset Index but excludes any assets that fail to meet minimum thresholds for protocol revenues, market capitalization, and liquidity.

The index is intended for institutional investors and may serve as a basis for creating investment products or as a performance benchmark for asset managers. By filtering assets based on fundamental revenue metrics, it aims to offer a more disciplined approach to digital asset exposure.

No specific constituent assets were disclosed in the announcement, but the methodology implies a focus on protocols with demonstrable on-chain revenue streams.