Centrifuge has just partnered with S&P Dow Jones Indices to launch an index fund that mimics the S&P 500 in the form of a token on the blockchain (using Centrifuge Chain).
With the tokenized fund, investors can buy, hold, trade 24/7, or use the tokens as collateral, while leveraging the transparency and automation of smart contracts.
Centrifuge Chain is built using Substrate. Substrate is a blockchain development framework, often referred to as the Polkadot SDK (a toolkit for developers to create their own blockchains that can connect to Polkadot).
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