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Janus Henderson Launches Nasdaq-100 Fund on Stellar Blockchain

The JQQQ fund tokenizes exposure to the Nasdaq-100 through a Stellar-based investment product.

The JQQQ fund tokenizes exposure to the Nasdaq-100 through a Stellar-based investment product. Stellar (XLM) is trading at $0.1715. This is an original TLT brief based on reporting by Crypto.news, with live market data added, as of Wed, 28 Oct 2026 12:00:04 UTC.

Why it matters

This development marks a significant step in bridging traditional equity markets with blockchain technology, offering a new way for investors to gain exposure to major indices through decentralized infrastructure.

Key takeaways
  • Janus Henderson and Centrifuge launched JQQQ, a Stellar-based fund tied to the Nasdaq-100.
  • The fund is structured as a British Virgin Islands segregated portfolio for eligible investors.
  • Stellar's TVL rose 19.4% in the past week amid this development.

Janus Henderson and Centrifuge have introduced JQQQ, a blockchain-based fund that tracks the Nasdaq-100 index. This innovative product is built on the Stellar blockchain, marking a notable integration of traditional finance with decentralized technology.

The JQQQ fund represents a share in a segregated portfolio based in the British Virgin Islands. It is exclusively available to eligible investors, indicating a focus on institutional and high-net-worth individuals.

This development comes as Stellar's total value locked (TVL) has seen a significant increase of 19.4% over the past week, reaching $129.3 million according to DeFiLlama. The move highlights growing interest in using blockchain for traditional asset tokenization.

The broader crypto market has been experiencing a period of stability, with the total market cap at $2.79 trillion. Bitcoin's price has risen by 1.73% in the last 24 hours, contributing to a neutral Fear & Greed index reading of 51.

Stellar's native token, XLM, is currently priced at $0.171676, showing a 1.91% increase in the past day but a 7-day decline of 6.57%, with a market cap of $6.05 billion.

Market reaction since this brief Live

Since this brief published about 1 hour ago, Stellar (XLM) has moved from $0.1717 to $0.1715 — -0.08%.

$0.172$0.172$0.172$0.172$0.172 published · $0.172 now · $0.172 (-0.08%) Oct 28 11:00 UTC Oct 28 12:00 UTC
BeforeSince publishPublished · $0.1717

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.

What this means in naira

At today's peer-to-peer rate, 1 XLM ≈ ₦237.78 (about $0.1715), up 2.2% over 24 hours. The naira itself trades about 2.4% 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.

#20
$0.1715 ▲ 2.24%
-0.08% since this brief published
7d -6.57%MCap $6.04BFull XLM data →
The market when this published · October 28, 2026
Total market cap$2.79T
Bitcoin 24h+1.73%
Ethereum 24h+2.01%
BTC dominance58.6%
Fear & Greed51 · Neutral
On-chain & primary-source check

Figures and sectors in this story, checked live against on-chain aggregators · October 28, 2026.

Stellar TVL$129.30M+19.4% 7dDeFiLlama ↗
SectorTokenized real-world assets (RWA)$3.99Bacross 28 protocolsDeFiLlama ↗
Bitcoin DeFi TVL$6.41BDeFiLlama ↗
Stellar DeFi TVL$232.51MDeFiLlama ↗

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 Launches Nasdaq-100 Fund on Stellar Blockcha — questions & answers

What is the JQQQ fund?

JQQQ is a blockchain-based fund that offers exposure to the Nasdaq-100 index through the Stellar network.

Who can invest in the JQQQ fund?

The fund is available only to eligible investors, suggesting it targets institutional and high-net-worth individuals.

How does this affect Stellar?

The launch has coincided with a 19.4% weekly increase in Stellar's TVL, indicating potential growth in blockchain-based financial products.

How much is 1 Stellar worth in naira today?

About ₦237.78 at the live peer-to-peer (P2P) USDT rate, which is what Nigerians typically trade at — equivalent to roughly $0.1715. 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 down 0.08% since this brief first published — trading at $0.1715 now versus $0.1717 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.news. It is not a copy of any one article — follow the source links above for the original reporting.

In this storyNasdaq Company
TLT Newsdesk Data-stamped

TLT's newsdesk writes original briefs by synthesising coverage from across the crypto press — 50+ outlets including CoinDesk, The Block, Decrypt and Cointelegraph — cross-checking the figures they report — and verifying them against on-chain data from DeFiLlama and mempool.space — plus live market context (CoinGecko, Binance). We summarise and link to every source; we never reproduce full articles. Read our editorial standards and how we use AI. Not financial advice.

Market data verified against CoinGecko & Binance · October 28, 2026 ⛓ Timestamped at Bitcoin block #973,540 sha256:323fce9ce106fc62
Based on reporting by Crypto.news — this is an original TLT summary with live market data, not the original article.Crypto.news · Oct 28 11:00 ↗

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.