Janus Henderson Launches Tokenized Nasdaq-100 Fund on Stellar

The significance here is less the tokenization itself than the distribution angle: a major asset manager using a public blockchain to reach non-US professional investors, with a stablecoin subscription minimum that keeps it firmly institutional. It matters most for tokenization infrastructure providers like Stellar and Centrifuge, which gain a marquee traditional-finance name. The open question is timing — with subscriptions not yet open and no launch date disclosed, whether JQQQ actually goes live, and whether other managers follow with similar non-US structures, is worth watching.