Janus Henderson Just Tokenized the Nasdaq-100

A New Way to Hold the Nasdaq-100

Traditional finance just took another step onto the blockchain. Janus Henderson, working with tokenization platform Centrifuge, has launched JQQQ, a blockchain-native fund that tracks the Nasdaq-100 Index. It's being called the first Nasdaq-licensed tokenized fund of its kind, and it's built on the Stellar network.

Instead of holding shares through a traditional brokerage, investors can now own a tokenized slice of one of the most closely watched stock indexes in the world, settled on-chain. That means faster settlement, round-the-clock transferability, and the kind of composability crypto traders already expect from DeFi.

Not Exactly Retail-Friendly (Yet)

There's a catch: JQQQ currently requires a $100,000 minimum investment, so this is squarely aimed at institutions and high-net-worth investors for now, not your average retail trader.

Still, the move is another sign that big asset managers see real demand for tokenized versions of mainstream financial products. Stellar keeps quietly picking up serious institutional use cases, and this one might be its biggest yet.