Janus Henderson launches a tokenized Nasdaq-100 fund on Stellar

What happened. Janus Henderson, which manages about half a trillion dollars, and Centrifuge, a platform for tokenizing real-world assets, announced the launch of JQQQ. The fund seeks to track the Nasdaq-100 Index under a license from Nasdaq. The companies call JQQQ the first blockchain-native fund on this index offered through an issuer-sponsored strategy.

What blockchain-native means. The fund is not a wrapper around an existing ETF: its shares are issued and run onchain from the start. The partners say this could let them plug into other onchain apps and possibly serve as collateral. The Defiant notes such uses remain conditional.

Who can buy. The fund is not available to US persons. JQQQ is a segregated portfolio of Anemoy Capital SPC Limited, a British Virgin Islands company. It gives indirect economic exposure to the index and does not make holders shareholders of the Nasdaq-100 companies. According to The Defiant, the minimum is 100,000 USDC and subscriptions on the Centrifuge portal are not open yet.

Why Stellar. The fund launches only on Stellar. The press release says real-world assets on the network passed $4 billion in 2026. Cointelegraph, citing RWA.xyz, ranks Stellar fourth by tokenized assets after Ethereum, BNB Chain and Solana.

What it means for Janus Henderson. Head of Innovation Nick Cherney said the firm's onchain platform already holds more than $1 billion in institutional strategies across US Treasuries, structured credit and now public equities. Cointelegraph notes that Nasdaq widened licensing of the index to other asset managers in April.

What we do not know. Fees and the subscription opening date are not disclosed. XLM traded near $0.17 on Tuesday, according to Cointelegraph. This is not advice to buy or sell.

Fatos confirmados

• Janus Henderson and Centrifuge announced the launch of JQQQ, a fund that seeks to track the Nasdaq-100 under license from Nasdaq.^[1][2][4]
• The companies call JQQQ the first blockchain-native fund offering Nasdaq-100 exposure through an issuer-sponsored strategy.^[1][4]
• The fund launches exclusively on Stellar, where real-world assets passed $4 billion in 2026 (per the release).^[1][4]
• JQQQ is a segregated portfolio of Anemoy Capital SPC Limited, a British Virgin Islands company, and is not available to US persons.^[1][2]
• The fund provides indirect economic exposure to the index and conveys no shareholder rights.^[1][2]
• Janus Henderson's onchain platform includes more than $1 billion in institutional strategies.^[1][2]
• According to The Defiant, the minimum is 100,000 USDC and the Centrifuge portal says subscriptions are not yet open.^[3]
• Cointelegraph, citing RWA.xyz, ranks Stellar fourth by tokenized real-world assets after Ethereum, BNB Chain and Solana.^[2]
• XLM traded near $0.17 on Tuesday and is down about 16% this year (Cointelegraph, citing CoinGecko).^[2]

Implicações

• ConfirmadoTokenization is expanding from bonds and credit to a major equity index.
• ConfirmadoRetail investors and US residents cannot access this fund.
• Nossa leituraIf funds like this become DeFi collateral, demand could grow, but for now these are only plans.

Ainda não se sabe

• When subscriptions open and what the fee will be.
• Whether and where JQQQ shares can be traded on a secondary market.
• How much money the fund will attract.

Quem é afetado

Worldwide, Outside the US. People who follow tokenization, Stellar and tech stock indices

Fontes

1. Business Wire (Janus Henderson): Janus Henderson and Centrifuge Launch Blockchain-Native Fund Tracking the Nasdaq-100 Index (JQQQ) 27 de outubro de 2026 · oficial
2. Cointelegraph: Janus Henderson, Centrifuge launch tokenized Nasdaq-100 fund on Stellar 27 de outubro de 2026 · mídia
3. The Defiant: Janus Henderson Announces Tokenized Nasdaq-100 Fund on Stellar 27 de outubro de 2026 · mídia
4. Unchained: Janus Henderson Launches Onchain Nasdaq-100 Fund With Centrifuge, Exclusively on Stellar 27 de outubro de 2026 · mídia