A recent roundtable on TheStreet brought together voices from the digital asset space to unpack the evolving landscape of onchain indices. Matti Most sat down with James Heckman and Sui Chung for a wide-ranging conversation that touched on how blockchain-native index products are reshaping portfolio strategies.

The discussion centered on emerging frameworks for tokenized indices—those composite instruments that track baskets of crypto assets directly onchain. Unlike traditional finance indices that settle through intermediaries, these products leverage smart contracts for real-time rebalancing and transparent composition.

What makes this development noteworthy? The shift from off-chain tracking to fully onchain execution eliminates custodial friction and opens doors for programmable exposure strategies. It's a technical leap, sure, but also a philosophical one: indices that live where the assets actually exist.

The panelists explored practical implementations, governance models, and the scalability challenges that come with building financial primitives on decentralized infrastructure. For anyone watching the maturation of DeFi tooling, conversations like these signal where institutional-grade products might be heading.

As onchain indices gain traction, they're blurring the lines between passive investment vehicles and active protocol participation. Worth keeping tabs on how this corner of the market unfolds.