$500B Asset Manager Brings Nasdaq-100 to Blockchain Through Stellar and Centrifuge

Janus Henderson, an asset manager with $500 billion in total assets, has launched JQQQ, a tokenized fund providing exposure to the Nasdaq-100 Index on the Stellar blockchain. Developed using Centrifuge's infrastructure, the fund is structured as a segregated portfolio of Anemoy Capital SPC Limited and targets eligible non-US professional investors. This launch marks a significant step in bringing traditional equity benchmarks onto public distributed ledgers, allowing for potential future integration with DeFi applications. The fund requires a minimum investment of $100,000 and represents an expansion of Janus Henderson's onchain strategy, which has now surpassed $1 billion in total assets. By utilizing blockchain technology, the fund aims to introduce programmability to traditional investment vehicles, enabling institutional use cases like collateralization. While the product offers indirect economic exposure to major tech stocks, it remains restricted to professional investors rather than the mass market. This development highlights the ongoing institutional effort to bridge traditional financial markets with blockchain-based infrastructure.