FTSE Russell Moves Benchmark Indexes to Blockchain
Global index provider FTSE Russell has partnered with Chainlink to make its benchmark equity and digital asset indexes available on multiple blockchains, demonstrating how blockchain technology can deliver institutional-grade market data.
The collaboration, announced on Monday, will see key indexes such as:
…alongside several digital asset benchmarks, published through DataLink, a secure oracle-powered publishing platform.
These Russell indexes, essential for tracking US small- and mid-cap stocks, collectively represent over $18 trillion in assets globally, highlighting the scale of this integration.
Enabling Innovation Through Tokenized Assets
Fiona Bassett — CEO of FTSE Russell — emphasized that the partnership is part of the company’s vision to foster innovation around tokenized assets and exchange-traded funds (ETFs).
This initiative builds on FTSE Russell’s earlier digital asset efforts:
- In January, the company partnered with SonarX to launch digital asset indexes, providing institutional investors with standardized crypto benchmarks.
- In 2023, FTSE Russell collaborated with Grayscale to introduce five sector-focused crypto indexes covering categories like smart contract platforms, utilities, and consumer products, further bridging traditional finance and digital assets.
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Blockchain Adoption Gains Momentum Among Institutions
FTSE Russell joins other major financial players exploring blockchain applications for tokenization, settlement, and stablecoin integration:
- JPMorgan expanded its blockchain efforts through Kinexys, bringing private equity funds onchain.
- Goldman Sachs and BNY Mellon introduced tokenized money market funds, enabling 24/7 settlement and onchain ownership tracking.
- Citigroup highlighted that regulatory clarity in the US, particularly around stablecoins, is a major driver of institutional blockchain adoption.
“Regulatory clarity could accelerate the integration of stablecoins and broader blockchain applications into the financial system,” Citi noted, signaling a growing convergence between traditional finance and digital assets.
