Janus Henderson and Centrifuge Launch Tokenized Nasdaq-100 Fund on Blockchain
(1 hour ago) · 1 source · Summarized by CryptoBipto
Asset manager Janus Henderson has partnered with blockchain protocol Centrifuge to launch what they describe as the first licensed fund bringing the Nasdaq-100 index onchain. The fund aims to make a traditional equity index accessible through blockchain infrastructure. The product represents a notable step in the tokenization of traditional financial products.
WHY IT MATTERS
Think of tokenization like converting a paper stock certificate into a digital token that lives on a blockchain. Instead of buying a traditional index fund through a brokerage, investors could potentially access the same fund through blockchain technology. This matters because it could make investing more efficient — blockchain transactions can settle faster than traditional financial systems, which sometimes take days. The Nasdaq-100 is a major stock index that includes well-known companies like Apple and Microsoft, so putting a fund tracking it on a blockchain is a significant bridge between traditional finance and crypto technology. For crypto newcomers, this shows how blockchain is being used not just for cryptocurrencies but also as infrastructure for existing financial products.
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- coindesk.com
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