{"id":625,"date":"2026-10-27T16:33:50","date_gmt":"2026-10-27T16:33:50","guid":{"rendered":"https:\/\/1stblock.info\/?p=625"},"modified":"2026-10-27T16:33:51","modified_gmt":"2026-10-27T16:33:51","slug":"janus-henderson-launches-first-licensed-tokenized-nasdaq-100-fund-on-stellar","status":"publish","type":"post","link":"https:\/\/1stblock.info\/?p=625","title":{"rendered":"Janus Henderson launches first licensed tokenized Nasdaq-100 fund on Stellar"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">Janus Henderson and Centrifuge launched JQQQ on Tuesday, an issuer-sponsored onchain fund that tracks the Nasdaq-100 Index and is issued on the Stellar blockchain. <em>The Wall Street Journal<\/em> called JQQQ the first licensed tokenized fund to follow the benchmark.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The roles are split three ways: Janus Henderson issues and manages the fund, Centrifuge supplies the blockchain infrastructure, and Nasdaq licenses the index. The London-based manager oversees roughly <strong>$500 billion<\/strong>, and the index it now tracks onchain includes Nvidia, Apple and Microsoft.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Access is restricted at launch. <em>Per The Block, citing the WSJ<\/em>, JQQQ will initially be open only to qualified non-U.S. professional investors, with a minimum investment of <strong>$100,000<\/strong>. The fund has not disclosed assets under management or trading volume. The release referred to \u201ccompetitive fees\u201d without giving a rate.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The product\u2019s pitch rests on composability. The partners say the fund was built to be issued and run on blockchain rails rather than wrapped, so its shares could connect to other onchain applications, feed programmable portfolios and potentially serve as lending collateral. The legal notes add that any such collateral or lending uses would come from independent third parties outside Janus Henderson\u2019s management.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">JQQQ follows the Janus Henderson Anemoy S&amp;P 500 Fund (SPXA), launched last year as the first tokenized index fund licensed by S&amp;P Dow Jones Indices. The firm says its onchain platform now holds more than <strong>$1 billion<\/strong> across Treasuries, structured credit and equities. The launch also sharpens the split between funds issued onchain by their own managers and third-party stock tokens created without the underlying companies\u2019 involvement.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Stellar\u2019s <strong>XLM<\/strong> traded around $0.1853 at the time of the announcement. Wall Street\u2019s tokenization push is moving from Treasuries and private credit into mainstream equity benchmarks. The U.S. investor exclusion remains the key constraint on how quickly products like JQQQ can scale.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Janus Henderson and Centrifuge launched JQQQ on Tuesday, an issuer-sponsored onchain fund that tracks the Nasdaq-100 Index and<\/p>\n","protected":false},"author":2,"featured_media":448,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[3],"tags":[],"class_list":["post-625","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-market"],"brizy_media":[],"_links":{"self":[{"href":"https:\/\/1stblock.info\/index.php?rest_route=\/wp\/v2\/posts\/625","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/1stblock.info\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/1stblock.info\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/1stblock.info\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/1stblock.info\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=625"}],"version-history":[{"count":1,"href":"https:\/\/1stblock.info\/index.php?rest_route=\/wp\/v2\/posts\/625\/revisions"}],"predecessor-version":[{"id":626,"href":"https:\/\/1stblock.info\/index.php?rest_route=\/wp\/v2\/posts\/625\/revisions\/626"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/1stblock.info\/index.php?rest_route=\/wp\/v2\/media\/448"}],"wp:attachment":[{"href":"https:\/\/1stblock.info\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=625"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/1stblock.info\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=625"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/1stblock.info\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=625"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}