Janus Henderson launches first tokenized fund licensed to track the Nasdaq-100

Janus Henderson has launched the first tokenized fund licensed to replicate the Nasdaq-100 Index. It trades under the ticker JQQQ. The fund uses tokenization technology from Centrifuge and lives on the Stellar blockchain. For now, access is limited to eligible non-US professional investors with at least $100,000 to commit. What JQQQ actually is The underlying exposure is the Nasdaq-100. That index tracks the 100 largest non-financial companies listed on the Nasdaq market. The key word in Janus Henderson’s pitch is “licensed.” Index providers control who can build official products around their benchmarks. Plenty of crypto projects have offered synthetic stock exposure over the years without that blessing. JQQQ has the paperwork. That distinction matters a lot to the institutional crowd this fund is targeting. The timing ties back to Nasdaq itself. In early 2026, the exchange operator expanded licensing opportunities for its benchmark indices, which opened the door for this launch. The goal, according to the research on the launch, is to pair traditional fund characteristics with blockchain efficiency. Investors get equity-index exposure while the product stays within regulatory gua...