Janus Henderson Launches Tokenized Nasdaq-100 Fund

The new JQQQ fund tracks the performance of the Nasdaq-100 index using tokenization technology on the Stellar blockchain.

Updated on Oct. 27, 2026 in Investing

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Janus Henderson has launched JQQQ, a tokenized fund that replicates the performance of the Nasdaq-100 index using the Stellar blockchain. AI Illustration. Upload story photo >

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Asset manager Janus Henderson has launched a tokenized fund, ticker JQQQ, which replicates the performance of the Nasdaq-100 index. The offering utilizes infrastructure from Centrifuge to operate on the Stellar blockchain.

Why it matters

This launch follows a strategic decision by Nasdaq in early 2026 to expand index licensing opportunities, allowing firms to bridge traditional financial instruments with blockchain efficiency. The initiative aims to modernize equity exposure by leveraging the technological benefits of distributed ledger systems.

The JQQQ fund requires a minimum commitment of $100,000 and is restricted to non-US professional investors. Janus Henderson currently oversees $1 billion in tokenized funds across its platform, which features approximately 200 onboarded crypto wallets.

The players

Janus Henderson

This global asset management firm oversees approximately $500 billion in total assets and focuses on diverse investment strategies.

Nasdaq

This global technology company operates capital markets and provides benchmark indices that serve as foundations for financial products.

Centrifuge

This platform provides the decentralized finance infrastructure used by institutions to tokenize real-world assets on blockchain networks.

Stellar

This open-source blockchain network is designed for fast and low-cost cross-border payments and the issuance of digital assets.

The details

By utilizing Centrifuge tokenization technology, the fund aims to provide investors with a digital representation of the 100 companies found within the Nasdaq-100 index. The firm is positioning this product to combine the standard characteristics of traditional funds with the operational efficiencies offered by the Stellar blockchain.

Timeline

  1. Janus Henderson scaled its tokenization efforts significantly between 2024 and 2025.

  2. Nasdaq expanded index licensing opportunities in early 2026.

  3. The JQQQ fund officially launched on October 27, 2026.

Market Dynamics

The introduction of the JQQQ fund follows the 2026 Nasdaq benchmark index licensing expansion, marking a shift toward institutional integration of blockchain assets. This move aligns with a broader trend of traditional asset managers adopting distributed ledgers to modernize infrastructure.

Professional investors now have access to a tokenized equity product that may eventually offer increased liquidity and fractional ownership options. However, the high $100,000 minimum investment and non-US residency requirement restrict access to institutional and qualified clients.

The takeaway

This development illustrates how major financial institutions are progressively embedding blockchain technology into traditional index-tracking products. Investors should monitor whether these tokenized structures provide measurable efficiency gains compared to conventional ETF vehicles.

Further reading

For more information on market trends and financial products, visit Investing.

Source note: This article includes information reported by Crypto Briefing.

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