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Janus Henderson Launches Nasdaq‑100 Tokenized Fund JQQQ

Issued on Stellar using Centrifuge technology, the fund is restricted to non‑US professional investors and signals a licensing‑led route for institutional onchain index products.

Overview

  • Janus Henderson and Centrifuge announced Tuesday that they have launched JQQQ, an issuer‑sponsored tokenized fund that officially tracks the Nasdaq‑100 under a Nasdaq license.
  • The fund is issued and managed by Janus Henderson, which differentiates JQQQ from third‑party stock tokens that may not convey ownership or shareholder rights.
  • Centrifuge provides the tokenization layer and Stellar supplies the settlement rails for JQQQ, creating onchain units that could move between blockchain apps if custody and platform rules allow.
  • Access is limited to eligible non‑US professional investors with a $100,000 minimum commitment, so retail participation and broad fractional ownership remain unavailable for now.
  • The launch brings Janus Henderson’s onchain platform to more than $1 billion in tokenized assets and follows earlier licensed products such as SPXA and JTRSY, but wider liquidity, custody treatment, and regulatory clarity will determine whether these funds enable new onchain use cases.