Janus Henderson and Centrifuge Launch Tokenized Nasdaq 100 Fund on Stellar
JQQQ, a blockchain-native fund tracking the Nasdaq-100 Index, has been launched on the Stellar network.
JQQQ, a blockchain-native fund tracking the Nasdaq-100 Index, has been launched on the Stellar network. Stellar (XLM) is trading at $0.1691, up 0.3% since this brief published. This is an original TLT brief synthesising 2 outlets (Crypto Economy, Unchained), plus live market data, as of Tue, 27 Oct 2026 16:00:06 UTC.
This development marks a significant step in traditional finance's adoption of blockchain technology, offering a regulated way to access a major stock index through decentralized infrastructure. It also highlights the growing use of public blockchains for asset tokenization beyond cryptocurrencies.
- Janus Henderson and Centrifuge launched JQQQ, a tokenized Nasdaq-100 Index fund.
- The fund operates on the Stellar network under a Nasdaq license.
- Access is restricted to non-U.S. persons; no fee or minimum investment details disclosed.
- Stellar's TVL rose 19.9% in the past week to $128.65M.
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, on the Stellar network under a Nasdaq license. However, while Crypto Economy emphasizes the fund's integration potential with onchain finance, Unchained notes the restriction for U.S. persons and highlights the lack of disclosed fee and minimum investment details. Both outlets agree on the core facts of the partnership and the fund's structure but differ slightly in the details they emphasize.
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- Janus Henderson and Centrifuge Launch Tokenized Nasdaq 100 Fund on Stellar — this brief
Janus Henderson and Centrifuge have launched JQQQ, a tokenized fund designed to track the performance of the Nasdaq-100 Index. The fund operates on the 
Stellar network, leveraging Centrifuge's infrastructure for issuance and operations.
According to Unchained, the fund is issued directly on a public blockchain under a Nasdaq license, signifying a notable integration of traditional finance with decentralized technology. However, access to the fund is restricted to non-U.S. persons, and the announcement did not disclose the fee rate or minimum investment requirements.
The collaboration between Janus Henderson and Centrifuge underscores the growing trend of asset tokenization on public blockchains. This development allows investors to gain exposure to a major stock index through a blockchain-native product, potentially opening new avenues for decentralized finance (DeFi) applications.
Stellar's total value locked (TVL) has seen a significant increase of 19.9% over the past week, reaching $128.65 million, according to DeFiLlama. This rise may be related to the launch of JQQQ, as it indicates growing activity and interest in the Stellar network.
The broader cryptocurrency market remains relatively flat, with a total market cap of $2.76 trillion. 
Bitcoin has shown minimal movement, with a 24-hour increase of 0.02%, while the Fear & Greed Index stands at 48, indicating a neutral sentiment. Stellar's native token, XLM, is currently priced at $0.168568, down 0.86% in the last 24 hours and 5.29% over the past week.
Since this brief published about 1 hour ago, Stellar (XLM) has moved from $0.1686 to $0.1691 — +0.31%.
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 TLT'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 ≈ ₦234.7 (about $0.1691), down 0.3% over 24 hours. The naira itself trades about 2.1% above the official rate on the P2P market, so a Nigerian 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.
TLT 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 tokenized fund that tracks the Nasdaq-100 Index, launched by Janus Henderson and Centrifuge on the Stellar network.
Who can invest in the JQQQ fund?
The fund is restricted to non-U.S. persons; specific investment details are not yet disclosed.
Why is this development significant?
It represents a major integration of traditional finance with blockchain technology, offering a regulated way to access a major stock index through decentralized infrastructure.
How much is 1 Stellar worth in naira today?
About ₦234.7 at the live peer-to-peer (P2P) USDT rate, which is what Nigerians typically trade at — equivalent to roughly $0.1691. The naira price moves with both XLM's US-dollar price and the USDT/NGN rate; use our Stellar in naira page for any amount.
Has Stellar's price moved since this brief was published?
XLM is up 0.31% since this brief first published — trading at $0.1691 now versus $0.1686 at publication. TLT re-checks this figure against CoinGecko and Binance every 15 minutes.
Which outlets reported this story?
This is an original TLT 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 TLT 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.