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32 Fear

Janus Henderson Launches On-Chain Nasdaq-100 Fund on Stellar

Original title: Janus Henderson Brings First Natively Issued On-Chain Nasdaq-100 Fund to Stellar

CoinDesk 6:25 2 views on YouTube USDC +0.0%

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Summary

Janus Henderson innovation strategist Patrik Bjorklund discussed what he calls the first natively blockchain-issued Nasdaq-100 fund, in an interview with CoinDesk's Jennifer Sanasie and 21Shares co-founder Ophelia Snyder at Stellar's Meridian conference. The fund uses USDC for subscription and redemption, was built with Nasdaq and Centrifuge, and launches with an exclusive period on Stellar. Bjorklund framed the product as a step beyond on-chain treasury and yield use cases toward bringing trusted financial assets on-chain, following last year's S&P 500 token. He pointed to lower-cost exposure through tokens such as SPXA for investors deterred by high minimums on the non-US fund. The conversation also covered why Stellar was chosen, who the product is for, whether it draws new or existing customers, on-chain benefits, and buy-and-hold versus price discovery.

This AI summary uses the title, description and tags. It may miss context from the full video. How summaries are checked

Key points

  1. Patrik Bjorklund of Janus Henderson described the fund as the first natively blockchain-issued Nasdaq-100 fund, speaking at Stellar's Meridian conference.
  2. The fund uses USDC for subscription and redemption and was built with Nasdaq and Centrifuge.
  3. It launches with an exclusive period on Stellar.
  4. Bjorklund framed it as following last year's S&P 500 token and as a step beyond on-chain treasury and yield use cases toward trusted financial assets.
  5. He pointed to lower-cost exposure through tokens such as SPXA for investors deterred by high minimums on the non-US fund.

Chapters

Chapters come from the timestamps in the video description.

Questions

Which blockchain is the Nasdaq-100 fund launching on?
It launches with an exclusive period on Stellar, according to the description.
How are subscriptions and redemptions handled?
The fund uses USDC for subscription and redemption.
Who was the fund built with?
Janus Henderson built it with Nasdaq and Centrifuge.

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