Janus Henderson and Centrifuge Launch Tokenized Nasdaq‑100 Fund on Stellar
Janus Henderson Asset Management and tokenization platform Centrifuge have launched a blockchain‑based fund, JQQQ, that tracks the Nasdaq‑100 Index on the Stellar network. The fund is structured as a segregated portfolio of a British Virgin Islands investment company, providing indirect exposure to the index rather than direct ownership of the constituent stocks. It is available only to eligible professional investors outside the United States, with a reported minimum investment of $100,000. The launch follows Nasdaq’s April decision to license its Nasdaq‑100 Index to additional asset managers, and expands Janus Henderson’s on‑chain offerings beyond U.S. Treasuries and structured credit into equity‑index exposure. The asset manager noted that its institutional on‑chain strategies now exceed $1 billion. The move also adds to Stellar’s growing tokenization footprint, which currently hosts about $3.8 billion in tokenized real‑world assets and is set to receive further tokenized assets from the Depository Trust & Clearing Corporation in 2027.
Source: Cointelegraph · cointelegraph.com