Janus Henderson is launching the first-ever licensed tokenized fund tracking the Nasdaq-100 Index, marking Wall Street’s latest push to bring traditional assets onto the digital ledger that underpins cryptocurrencies.
Janus will manage the new fund, which will trade under the ticker “JQQQ” and run on technology provided by the tokenization firm Centrifuge. It is initially available to eligible non-U.S. professional investors on the Stellar network, a blockchain focused on tokenized assets. The fund has a minimum investment of $100,000.
“Bringing the Nasdaq-100 onchain with Janus Henderson and Centrifuge shows how far tokenization has come, from cash-equivalent assets to the benchmarks that define global equity markets,” — said Denelle Dixon, CEO & Executive Director of the Stellar Development Foundation.
“Stellar was purpose-built for regulated finance, and we expect many more products like this to follow.”🚀
#Stellar
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Defense tech startup Anduril Industries Inc. has joined forces with chipmaker Qualcomm Inc. to produce laptops that are designed and assembled in the US, an attempt to rebuild a manufacturing process that has largely moved overseas.
The companies unveiled a new product line on Tuesday called BlueChip intended to supply “America’s most critical industries — including government, defense, first responders and public safety,” according to a statement.
The eventual goal is to establish an “end-to-end American supply chain” for the laptops and, more broadly, to rebuild US computer manufacturing, the companies said.
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In short order, we will be officially BANNING the term, “AI/Artificial Intelligence,” in all relevant documents, and everything else, due to its inaccuracy.
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State Street is one of the world’s largest custodial banks. It manages trillions in assets. And it is quietly building a tokenization infrastructure that runs across three distinct blockchain networks. Notably, Stellar, Ripple and Hedera are in the picture.
Securrency is a tokenization platform headquartered in Washington, D.C. It raised $49.4 million in funding and operates across Ethereum, Stellar, Ripple, Gochain, and EOS. State Street is listed as one of its notable partners in the BCG analysis.
That partnership is significant. Securrency’s blockchain stack includes both the XRP Ledger and the Stellar network. Notably, Securrency has previously been highlighted as a potential path for XRP into the DTCC. State Street’s relationship with the platform connects the bank directly to both assets’ underlying infrastructure.
#Stellar
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I am traveling to Corpus Christi, Texas to a PACKED Rally, where the United States of America will receive ONE MILLION BARRELS of VENEZUELAN OIL as a result of our Highly Successful Military Operation, followed by the Biggest Oil Deal in the History of the World.
Thanks to our renewed relationship with Venezuela, which has turned out to be a truly excellent one, the Oil is being provided to the United States at NO cost to the American Taxpayer. This is just the first shipment of BILLIONS of Barrels to come.
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Ripple and Robinhood, a global leader in financial services, today announced a strategic partnership that provides one of the industry’s largest consumer and institutional trading platforms with a single, trusted entry point to Ripple’s infrastructure across stablecoins, institutional markets and treasury management.
“From bringing RLUSD to retail and institutional markets to helping Robinhood manage its own treasury operations, this partnership reflects growing institutional demand for integrated solutions that support customer-facing offerings and core financial operations,” — said Monica Long, president of Ripple.
#Stellar
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Maybe someday soon it will become a prosperous 51st state.
Let's make it the 51st state, and instead of a president, we'll have an election for governor.
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OpenAI has announced three AI-generated discoveries in mathematics, computer science and physics, with independent experts set to review the findings.
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We are very excited to announce that we launched the NASDAQ 100 with Stellar. So this is the first time that there's an on-chain DeFi strategy for the NASDAQ 100.
What that means is that anyone within the Stellar ecosystem can access one of the best and most well known tech indices.
We are unique in that we're building this strategy fully natively on-chain. So we're not just wrapping an ETF or buying the ETF, we're actually creating a new fund structure.
#Stellar
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Ripple and BNY, a global financial services company, announced an expansion of their strategic collaboration to broaden institutional digital asset custody capabilities and explore new institutional use cases for blockchain technology, including tokenized trade finance.
“We’re moving past the initial issuance of assets onchain – now, it’s all about making these tokenized assets usable for payments and collateral across financial markets,” — said Monica Long, President of Ripple.
“With BNY, we’re connecting the necessary components of financial infrastructure on the XRP Ledger so institutions can move from holding digital assets to using them within capital markets and trade finance seamlessly.”🚀
#Stellar
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Apple has rolled out its latest iOS 27.2 update for iPhones and iPads, featuring expanded language support and improved memory functions for Siri AI, suggestions in messages, and Apple Pencil support for the foldable iPhone Duo.
With the new software update, Siri AI can now be used in French, Japanese, Korean, Portuguese, and Spanish, in beta. Apple says the AI assistant can now remember details from past conversations and answer accordingly. The ability for AI assistants to remember a person’s preferences have been a key area of focus for AI model makers, including OpenAI, Anthropic, and Google, whose assistants now do a better job at recalling facts and choices related to users.
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You can now deposit assets from Stellar into your minisend wallet and cash out directly to mobile money or bank accounts. From Stellar to local currencies, without the usual hassle of moving funds across different platforms.
One more network connected to the local payment rails people use every day.
#Stellar
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Locals in a rural area of California were recently startled to see dazzlingly bright light shining down from nearby mountains at night, illuminating a swathe of the desert below. The night-time light demonstration was conducted by a US startup called Reflect Orbital, which has an almost sci-fi aim to launch 50,000 satellites into space in the next decade to illuminate parts of the world at night.
In July, the FCC approved Reflect Orbital’s proposal to launch an initial demonstration satellite next year, which will orbit the Earth and, via a 59ft-diameter mirror, reflect sunlight in 3-mile-wide beams in strengths from moonlight up to the brightness of the sun at noon.
This provided, the company said, a realistic simulation of one of the benefits of this technology: to help search-and-rescue teams and other emergency responders at night. Other planned uses include bathing crops in sunlight, replacing broken streetlights and even providing solar power for military operations, all summoned by the tap of a button on an app.
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