Overview
- Janus Henderson and Centrifuge launched JQQQ, which went live on Oct. 27, 2026, as an issuer‑sponsored tokenized fund that tracks the Nasdaq‑100 and is issued on the Stellar blockchain.
- Nasdaq licensed the index for JQQQ, which the issuer calls the first tokenized fund licensed to replicate the Nasdaq‑100 and is structured as a British Virgin Islands segregated portfolio.
- Access is limited to eligible non‑U.S. professional investors with a $100,000 minimum and token holders do not receive direct rights to the underlying Nasdaq‑100 securities.
- Centrifuge provides the tokenization technology on Stellar and the launch brings Janus Henderson’s onchain platform to more than $1 billion in tokenized assets across Treasuries, credit and equity products.
- Practical adoption now hinges on operational steps such as accepted custody arrangements, approved distribution channels, reliable subscription and redemption processes and cross‑jurisdictional regulatory clarity.