Janus launches the first tokenized fund offering exposure to the Nasdaq-100 Index via blockchain.
RWA & Tokenization ·
Janus has launched a tokenized fund that provides exposure to the Nasdaq-100 Index through blockchain-based securities. This marks an entry by a traditional asset manager into the tokenized fund space, where securities are issued and traded on distributed ledgers rather than through conventional market infrastructure.
Tokenized funds allow investors to hold index exposure in a digital format, potentially enabling faster settlement and broader accessibility compared to traditional mutual funds or exchange-traded funds. By licensing the Nasdaq-100 Index, Janus ties the fund's performance to the 100 largest non-financial stocks listed on the Nasdaq, a benchmark tracking major technology and growth-oriented companies.
It remains unclear whether Janus intends this as a pilot product, what minimum investment thresholds or custody arrangements apply, or how the fund will be distributed to retail versus institutional investors. The regulatory framework for tokenized securities remains in development across multiple jurisdictions.