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Nasdaq-100 Enters Tokenized Fund Era With Janus Henderson JQQQ
Published Source: Bitcoin.com NewsRead original
Crypto Insight Summary: Janus Henderson and Centrifuge launched JQQQ on Tuesday, introducing what the companies describe as the first blockchain-native, issuer-sponsored fund tracking the Nasdaq-100 Index. Operating exclusively on the blockchain network Stellar, the investment product brings exposure to a major U.S. equity benchmark onto public blockchain infrastructure, extending Janus Henderson’s tokenized investment platform beyond $1 billion in […] Crypto Insight Analysis: Direction: Bullish XLM Impact: Minor Impact Horizon: Mid-term (1-8 weeks) Reasoning: Tokenized Nasdaq-100 fund on Stellar boosts XLM utility and adoption.