Janus Henderson and Centrifuge Launch Tokenized Nasdaq 100 Fund on Stellar Blockchain
The JQQQ fund offers blockchain-based exposure to the Nasdaq-100 Index, marking a new integration of traditional finance and decentralized infrastructure.
The JQQQ fund offers blockchain-based exposure to the Nasdaq-100 Index, marking a new integration of traditional finance and decentralized infrastructure. Stellar (XLM) is trading at ₹16.1 ($0.169), up 0.3% since this brief published. This is an original Token Times brief synthesising 2 outlets (Crypto Economy, Unchained), plus live market data, as of Tue, 27 Oct 2026 17:00:01 UTC.
This development represents a significant step in the tokenization of traditional financial products, leveraging blockchain technology to provide access to a major stock index while operating within regulatory constraints.
- JQQQ fund tracks Nasdaq-100 performance using blockchain technology.
- Fund operates on Stellar network with $128.65M TVL (+19.9% 7d).
- Closed to U.S. persons; fee structure and minimum investment not disclosed.
- Marks growing institutional adoption of tokenization in traditional finance.
Multiple outlets, including Crypto Economy and Unchained, confirm that Janus Henderson and Centrifuge have launched JQQQ, a blockchain-native fund tracking the Nasdaq-100 Index, exclusively on the Stellar network. The fund operates under a Nasdaq license and is not available to U.S. persons. However, details about the fee structure and minimum investment were not disclosed in the announcement. While both outlets highlight the fund's regulatory compliance and blockchain integration, only Crypto Economy emphasizes the potential for onchain financial integration of fund shares.
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- Janus Henderson and Centrifuge Launch Tokenized Nasdaq 100 Fund on Stellar Blockchain — this brief
Janus Henderson and Centrifuge have launched JQQQ, a blockchain-based fund designed to track the performance of the Nasdaq-100 Index. The fund is managed by Janus Henderson, a prominent asset management firm, and utilizes Centrifuge's blockchain infrastructure for issuance and operational processes.
The JQQQ fund is issued directly on the public 
Stellar blockchain under a license from Nasdaq. This marks a notable integration of traditional financial products with decentralized technology, providing investors with a new way to gain exposure to a major stock index.
According to multiple outlets, the fund is not available to U.S. persons, indicating potential regulatory considerations. However, specific details about the fee structure and minimum investment have not been disclosed in the public announcement.
The choice of the Stellar network for the fund's operation is significant given its current Total Value Locked (TVL) of $128.65M, which has seen a 19.9% increase over the past seven days. This suggests a growing interest in blockchain-based financial products on the network.
The broader crypto market remains relatively stable with a total market cap of $2.76T, while 
Bitcoin is up 0.02% in the last 24 hours. Stellar's native token, XLM, is currently priced at $0.168568, showing a 24-hour decrease of 0.86% and a 7-day decline of 5.29%.
Since this brief published about 2 hours ago, Stellar (XLM) has moved from ₹16.06$0.1686 to ₹16.10$0.169 — +0.26%.
The chart plots XLM's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from Token Times's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.
At today's peer-to-peer rate, 1 XLM ≈ ₹16.91 (about $0.169), up 0.3% over 24 hours. The rupee itself trades about 5.0% above the official rate on the P2P market, so a Indian buyer's effective cost differs from the headline dollar price.
Live market data
Current prices for the asset in this story — live, source-stamped, updated every 15 minutes.
Figures and sectors in this story, checked live against on-chain aggregators · October 27, 2026.
Token Times reads these figures directly from on-chain aggregators (DeFiLlama, mempool.space) at build time — independent of what any outlet reported. Sector totals aggregate every protocol DeFiLlama tracks in that category. Values are live and will change.
Janus Henderson and Centrifuge Launch Tokenized Nasdaq 100 F — questions & answers
What is the JQQQ fund?
JQQQ is a blockchain-native fund tracking the Nasdaq-100 Index, managed by Janus Henderson and operating on the Stellar network.
Who can invest in the JQQQ fund?
The fund is not available to U.S. persons, but specific details about eligibility and investment thresholds are not yet disclosed.
Why was the Stellar network chosen for the fund?
The Stellar network was selected for its blockchain infrastructure, with a current TVL of $128.65M and a 19.9% increase in the last week.
How much is 1 Stellar worth in rupee today?
About ₹16.91 at the live peer-to-peer (P2P) USDT rate, which is what Indians typically trade at — equivalent to roughly $0.169. The rupee price moves with both XLM's US-dollar price and the USDT/INR rate; use our Stellar in rupee page for any amount.
Has Stellar's price moved since this brief was published?
XLM is up 0.26% since this brief first published — trading at ₹16.1 ($0.169) now versus ₹16.06 ($0.1686) at publication. Token Times re-checks this figure against CoinGecko and Binance every 15 minutes.
Which outlets reported this story?
This is an original Token Times brief that synthesises reporting from Crypto Economy, Unchained, with the key figures cross-checked for agreement across them. It is not a copy of any one article — follow the source links above for the original reporting.
Original summary — not financial advice. This is an original Token Times brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.