The asset manager is launching what it describes as the first licensed tokenized fund designed to track the technology heavy index, extending Wall Street’s experiment with digital ownership.
The fund will represent shares on blockchain infrastructure, the digital ledger most closely associated with cryptocurrencies.
It is intended to give investors exposure to the Nasdaq 100 through a tokenized structure while maintaining a connection to a traditional market benchmark.
The index includes many of the world’s largest nonfinancial companies, particularly in technology and communications.
Janus’s move reflects growing efforts by established financial firms to place conventional assets such as stocks, bonds and funds on digital platforms.
Tokenization could make trading and settlement more efficient, although adoption will depend on regulatory approval, investor demand and the reliability of the underlying technology.
The launch also underscores how blockchain is evolving beyond cryptocurrencies, with financial institutions testing whether the technology can support regulated investment products for a broader audience.