JQQQ represents an issuer-sponsored model where Janus Henderson manages the fund, Centrifuge supplies blockchain infrastructure, and Nasdaq officially licenses the underlying index.

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Birch Hill raised a $4 million seed round led by Multicoin Capital to develop infrastructure for bringing U.S. credit onto public blockchains

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The Hong Kong Securities and Futures Commission approved secondary market trading of tokenised public funds on licensed virtual asset trading platforms

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Janus Henderson and Centrifuge launched JQQQ, an issuer-sponsored, blockchain-native fund that tracks the Nasdaq-100 Index on the Stellar network

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The Bank of England launched a consultation on central counterparties accepting digital versions of eligible collateral

Hong Kong regulatory approvals for 24-hour tokenised money market fund secondary trading aim to broaden secondary-market infrastructure for the tokenised finance sector.

Investors can trade the Hong Kong dollar and US dollar versions of the ChinaAMC Digital Money Market Fund on a Securities and Futures Commission-licensed virtual asset trading platform.

Hong Kong permitted tokenised money market funds to be bought and sold 24 hours a day, including weekends and public holidays, on licensed virtual asset exchanges.

In September, Janus Henderson and Centrifuge previously partnered to launch the Janus Henderson Anemoy S&P 500 Fund (SPXA) on Coinbase's Base network.

The launch of JQQQ expands Janus Henderson's institutional onchain tokenization platform past $1 billion in strategies across U.S. Treasuries, structured credit, and public equities.

The Depository Trust & Clearing Corporation (DTCC) announced plans in May 2026 to connect its tokenization service to Stellar, with rollout expected in the first half of 2027.

By selling a tokenized money market fund on Sunday rather than Friday, Uber Technologies Inc. earned an additional 1.5 days of yield on its corporate cash reserves.

Janus Henderson head of innovation Nick Cherney stated that the asset manager ranks among the top five global providers of tokenized funds.

Stellar hosts tokenized real-world assets valued between $3.8 billion and over $4 billion in 2026, hosting issuers such as Franklin Templeton, Ondo, and Spiko.

Uber Technologies Inc. participated in a pilot program with HSBC, Franklin Templeton, Fireblocks, and Tradeweb Markets using tokenized bank deposits on the Canton Network to trade corporate funds over the weekend.

Tokenized equity trading volume on Robinhood Chain surpassed $13 billion in Q3 2026, with over 70% of trades occurring outside traditional U.S. stock exchange operating hours.

Traditional treasury operations require companies to liquidate money market investments before financial markets close on Friday, leaving corporate cash idle over the weekend.

The JQQQ fund is closed to U.S. persons and targets eligible professional investors outside the United States with a $100,000 minimum investment.

Unlike third-party stock tokens backed by custody shares or tracking instruments, JQQQ is designed for native onchain issuance, potentially enabling its shares to function in programmable portfolios and collateralized lending.

HSBC plans to make its tokenized deposit service available to eligible U.S. corporate customers and expand available investment choices beyond Franklin Templeton products.

Revenue from real-world applications like tokenized assets, payments, and prediction markets surpassed blockchain infrastructure revenue for the first time in Q3 2026, generating $5.3 billion compared to $5.1 billion.