Overview
- Janus Henderson and Centrifuge launched JQQQ, an issuer‑sponsored tokenized fund that tracks the Nasdaq‑100 and trades under the ticker JQQQ.
- The fund is issued on the Stellar blockchain and uses Centrifuge’s tokenization platform while Nasdaq has licensed the index for the product.
- Access is restricted to eligible non‑US professional investors with a $100,000 minimum commitment, so retail investors cannot buy it today.
- The launch pushes Janus Henderson’s onchain platform past $1 billion in tokenized assets and extends its earlier products such as the S&P‑licensed SPXA and the JTRSY treasury offering.
- The product highlights a clear split between manager‑issued, licensed token funds that carry index‑provider approval and unendorsed third‑party stock tokens, and it could enable uses like onchain collateral or app-to-app transfers if platforms and regulators allow it.