Janus Henderson and Centrifuge launch first licensed tokenized Nasdaq-100 fund on Stellar, giving eligible non-U.S. investors on-chain index exposure via issuer-backed tokens.
Tech & Launches ·
Janus Henderson and Centrifuge have launched a tokenized Nasdaq-100 fund on Stellar, marking the first licensed product of its kind. The fund provides eligible non-U.S. investors with on-chain exposure to the index through issuer-backed tokens rather than synthetic alternatives managed by third parties.
The structure centers on direct issuer backing, meaning Janus Henderson stands behind the token claims rather than relying on collateral or derivative mechanisms. This approach distinguishes the offering from earlier tokenized asset experiments and integrates institutional-grade fund management with blockchain infrastructure on Stellar.
The launch signals potential acceleration in regulated tokenized real-world assets and positions Stellar within the institutional DeFi ecosystem. Questions remain about uptake among eligible investors, the scope of future tokenized products from Janus Henderson, and how other major asset managers respond to this precedent.