Nasdaq-100 comes onchain as Janus Henderson and Centrifuge launch first licensed fund

The firm teamed up with tokenization platform Centrifuge to launch JQQQ, a fund tracking the Nasdaq-100 Index, home to tech giants including Nvidia, Apple and Microsoft. The fund is issued on the Stellar XLM $0.1853 blockchain, the companies said Tuesday. JQQQ follows the introduction of a similar onchain index fund product last year, the Janus Henderson Anemoy S&P 500 Fund (SPXA), which was the first tokenized index fund licensed by the S&P Dow Jones Indices. Janus Henderson said its onchain investment platform now includes more than $1 billion across Treasuries, structured credit and equities. The launch marks another step in Wall Street’s push to bring traditional investments onchain, expanding beyond U.S. Treasuries, money market funds and private credit into stock-market products.

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