Janus Henderson and Centrifuge launched JQQQ, a blockchain-based fund on Stellar that seeks to track the Nasdaq-100 Index. The fund offers indirect exposure to the index, not ownership of its underlying stocks, and is intended for eligible professional investors outside the United States. The Wall Street Journal reported a $100,000 minimum investment.
JQQQ uses Centrifuge’s tokenization infrastructure under a Nasdaq-100 licensing agreement. Janus Henderson said its institutional onchain strategies now exceed $1 billion.
