Web3 Tokenization Accelerates as Janus Henderson Launches Nasdaq-100 Fund on Stellar

Tokenization is moving deeper into traditional finance as Janus Henderson launches a blockchain-based fund tracking the Nasdaq-100. The new JQQQ fund is built using tokenization infrastructure from Centrifuge and will initially be available to eligible professional investors outside the United States through the Stellar blockchain. The launch is another sign that Web3 infrastructure is increasingly being used for regulated investment products rather than only crypto-native assets. JQQQ is the first tokenized fund officially licensed to track the Nasdaq-100 Index.

Source: Crypto Daily