Janus Henderson and Centrifuge launch JQQQ fund on Stellar
CIE News ·
Based on reporting by CoinDesk; not yet independently confirmed.
Asset manager Janus Henderson collaborated with Centrifuge to launch JQQQ, a tokenized fund tracking the Nasdaq-100 on the Stellar blockchain, according to CoinDesk.
Asset manager Janus Henderson collaborated with tokenization platform Centrifuge to introduce an issuer-sponsored fund tracking the Nasdaq-100 Index on the Stellar blockchain, designated as JQQQ, CoinDesk reported. Janus Henderson issues and manages the product, while Centrifuge provides the underlying blockchain rails and Nasdaq licenses the index. The rollout follows the launch of the firm's S&P 500 tokenized fund last year. Janus Henderson stated that its onchain investment platform now oversees more than $1 billion across Treasuries, equities, and structured credit.
Key facts
- JQQQ tracks Nasdaq-100
- Issued on Stellar
- Built with Centrifuge
- $1B+ onchain platform AUM