Janus Henderson, Centrifuge launch tokenized Nasdaq-100 fund on Stellar
Summary
Janus Henderson and Centrifuge launched JQQQ, a tokenized fund on Stellar designed to track the Nasdaq-100. It offers eligible professional investors outside the US indirect index exposure; the fund is a segregated portfolio of a British Virgin Islands investment company, with a reported $100,000 minimum. The launch extends Janus Henderson’s onchain offerings into equities, while the firm says its institutional onchain strategies exceed $1 billion. Stellar has about $3.8 billion in tokenized assets and is adding products from institutional issuers; DTCC plans to connect its tokenization service to the network, with assets expected from 2027. XLM has fallen about 16% year to date.
