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Centrifuge Brings Nasdaq 100 Fund to Stellar

Centrifuge Brings Nasdaq 100 Fund to Stellar

<p class="text-left mb-4 ">Janus Henderson and asset tokenization platform Centrifuge have announced JQQQ, a fund designed to track the Nasdaq 100 Index. The tokenized fund, to be issued on the <a href="https://jrkripto.com/tr/coin/xlm" target="_blank" rel="noopener noreferrer" class="text-primary underline">Stellar</a> network, will provide blockchain-based access to the US equity market. In their October 27 announcement, the companies said the product was developed under an index licensing agreement with Nasdaq.</p><p class="text-left mb-4 ">Janus Henderson, which manages approximately $500 billion in assets, is expanding its onchain investment offerings with the new product. The Nasdaq 100 includes major companies such as Nvidia, Apple, and Microsoft. JQQQ aims to give investors exposure to the index’s performance through a tokenized fund.</p><h2 class="text-left text-foreground text-3xl font-bold mb-3 mt-1">JQQQ Sets a Minimum Investment of 100,000 USDC</h2><p class="text-left mb-4 ">The fund initially targets eligible professional investors outside the United States. According to The Defiant, citing Centrifuge’s investment portal, the minimum subscription will be 100,000 USDC. Investors will therefore use the dollar-backed stablecoin to subscribe to the fund.</p><p class="text-left mb-4 ">However, the announcement does not necessarily mean the fund has started accepting investments. The same report states that Centrifuge’s portal shows subscriptions are not yet open. The product’s announcement and the date investors can actually subscribe are therefore separate milestones.</p><h2 class="text-left text-foreground text-3xl font-bold mb-3 mt-1">How Nasdaq’s License and Fund Management Roles Differ</h2><p class="text-left mb-4 ">Official documents also outline the fund’s legal structure. JQQQ is a segregated portfolio of Anemoy Capital SPC Limited, a company based in the British Virgin Islands. Anemoy Asset Management serves as investment manager, while Janus Henderson Investors US LLC acts as sub-investment manager.</p><p class="text-left mb-4 ">Centrifuge provides the fund’s blockchain infrastructure. Nasdaq’s role covers licensing the index; the company does not act as the fund’s issuer or guarantee the investment. Disclosures accompanying the announcement specifically state that Nasdaq does not endorse, sell, or promote the product.</p><h2 class="text-left text-foreground text-3xl font-bold mb-3 mt-1">Nasdaq 100 Move Follows S&P 500 Collaboration</h2><p class="text-left mb-4 ">JQQQ extends the companies’ efforts to bring equity indexes onto blockchain infrastructure. S&P Dow Jones Indices announced a collaboration with Centrifuge to tokenize exposure to the S&P 500 Index on July 1, 2025.</p><p class="text-left mb-4 ">That project envisioned a fund structure involving Anemoy Capital and Janus Henderson. According to S&P Dow Jones Indices’ announcement, the investment product would be built on Centrifuge’s infrastructure, with investors accessing it through blockchain technology. The JQQQ announcement extends that approach to another major US equity benchmark.</p><p class="text-left mb-4 ">Janus Henderson’s partnership with Centrifuge began earlier with US Treasury bills. In September 2024, the company announced a strategic partnership involving Anemoy’s Liquid Treasury Fund. The product aimed to provide investors with access to short-term US Treasury bills.</p><p class="text-left mb-4 ">At the time, Janus Henderson said it would take on portfolio management responsibilities through its subsidiary Tabula. Its expansion from Treasury bills to equity indexes shows how the company is incorporating different asset classes into tokenized fund structures.</p><p class="text-left mb-4 ">According to Janus Henderson’s latest announcement, its onchain institutional investment strategies now exceed $1 billion in total assets. That figure covers US Treasuries, structured credit, and equities; it does not represent the size of JQQQ alone.</p>

27 Oct 2026
Chainlink in a Gold Bridge: New Integration in Hong Kong

Chainlink in a Gold Bridge: New Integration in Hong Kong

<p class="text-left mb-4 ">GoldZip, which is affiliated with the Hong Kong Gold Exchange (HKGX), will use Chainlink infrastructure to bring its physically backed gold token, XGZ, to additional blockchains. The initiative, developed with Midas Labs, aims to integrate Chainlink’s Cross-Chain Interoperability Protocol (CCIP) with XGZ. This will expand the token’s reach beyond its current deployment on Ethereum.</p><p class="text-left mb-4 ">Chainlink’s October 27 announcement connects the traditional gold market with digital asset infrastructure. According to project documentation, each XGZ token represents one gram of 99.99% pure physical gold held in vaults. The integration will enable transfers of the gold-backed asset across supported networks.</p><h2 class="text-left text-foreground text-3xl font-bold mb-3 mt-1">Gold-Backed XGZ Expands Beyond Ethereum</h2><p class="text-left mb-4 ">GoldZip currently offers XGZ on Ethereum as an ERC-20 token. Users can hold it in compatible wallets and trade it on supported platforms. The new initiative aims to extend the token’s availability to other blockchains.</p><p class="text-left mb-4 ">CCIP provides shared infrastructure for transferring tokens and messages between blockchains. Asset issuers can incorporate their own approval processes, transaction limits, and compliance checks into transfers. Chainlink aims to help institutional assets operate under consistent rules across different networks.</p><p class="text-left mb-4 ">GoldZip’s goal is to give its physically backed token access to a broader digital marketplace. However, the announcement does not specify which additional networks will support XGZ or when they will launch. It therefore describes an integration in progress rather than a completed multichain rollout.</p><p class="text-left mb-4 ">GoldZip was also among the launch partners for CCIP 2.0, which Chainlink introduced on September 28. The announcement included organizations such as Fidelity International, Deutsche Börse Group’s Crypto Finance, Google Cloud, and SBI Digital Markets. The latest update provides a clearer picture of how GoldZip intends to use the partnership for XGZ.</p><h2 class="text-left text-foreground text-3xl font-bold mb-3 mt-1">Each Token Represents One Gram of Gold</h2><p class="text-left mb-4 ">According to GoldZip’s official product information, the company uses one-kilogram gold bars that meet specific standards to back token issuance. After verification of their purity, the bars enter depositories recognized by HKGX. The company then issues tokens on the blockchain against this physical backing.</p><p class="text-left mb-4 ">Although the token supports fractional ownership, separate conditions apply to physical redemption. GoldZip requires 1,000 XGZ to redeem one eligible one-kilogram gold bar. Users must also meet the relevant eligibility requirements, including identity verification and anti-money laundering checks.</p><p class="text-left mb-4 ">The official website lists a total token supply of 39,000 XGZ, corresponding to 39 kilograms of gold. These figures reflect the product data published by the company.</p><p class="text-left mb-4 "> <figure class="my-6"> <img src="https://minio-api-1.jrkripto.com/blog/ing-2b7e30a9.webp" alt="ing.png" width="auto" height="auto" class="w-full rounded-lg border" /> </figure> </p><p class="text-left mb-4 ">GoldZip’s transparency page also offers a lookup system that matches token balances with gold bars held in vaults. The company notes that these records rely on periodic snapshots and do not update in real time. The same page currently lists independent auditor reports as “coming soon.”</p><h2 class="text-left text-foreground text-3xl font-bold mb-3 mt-1">Midas Labs Partnership Targets Institutional Gold Markets</h2><p class="text-left mb-4 ">The <a href="https://jrkripto.com/tr/coin/link" target="_blank" rel="noopener noreferrer" class="text-primary underline">Chainlink</a> integration builds on GoldZip’s partnership with Midas Labs, announced in June. At the time, GoldZip named Midas Labs as its Web3 technology partner for developing an institutional digital gold ecosystem.</p><p class="text-left mb-4 ">The partnership covers the development of digital services for HKGX’s approximately 150 institutional members. Midas Labs is responsible for building the trading technology and underlying infrastructure that connect physical gold reserves with digital asset markets.</p><p class="text-left mb-4 ">In August, GoldZip also announced an initiative involving Universal, the UAE-based issuer of USDU. The memorandum of understanding between Universal and Midas Labs aims to explore products that could connect regulated stablecoin infrastructure with Asia’s digital gold market.</p>

27 Oct 2026
Ripple Completes U.S. Bank Charter Approval Process

Ripple Completes U.S. Bank Charter Approval Process

<p class="text-left mb-4 ">Ripple has received final approval from the U.S. Office of the Comptroller of the Currency (OCC) to establish a national trust bank. Ripple National Trust Bank will manage the reserves backing the company’s dollar-pegged stablecoin, RLUSD, and provide digital asset custody services to institutional clients. The decision expands federal oversight of Ripple’s stablecoin and custody operations.</p><p class="text-left mb-4 ">The company announced the development overnight between October 26 and 27, Turkish time. In a post on X, Ripple CEO Brad Garlinghouse said the new bank would serve as a federally supervised platform supporting RLUSD and serving businesses. Ripple also published an announcement confirming the final OCC approval on its official press page.</p><p class="text-left mb-4 "> <figure class="my-6"> <img src="https://minio-api-1.jrkripto.com/blog/ing-c5aba690.webp" alt="ing.png" width="auto" height="auto" class="w-full rounded-lg border" /> </figure> </p><p class="text-left mb-4 ">Garlinghouse reiterated his view that crypto companies and banks work better together. He emphasized innovation, accountability, and federal oversight.</p><h2 class="text-left text-foreground text-3xl font-bold mb-3 mt-1">What services will Ripple National Trust Bank offer?</h2><p class="text-left mb-4 ">Ripple National Trust Bank will focus on managing RLUSD reserves and safeguarding digital assets. The bank will have the authority to manage the segregated reserves backing <a href="https://jrkripto.com/tr/coin/rlusd" target="_blank" rel="noopener noreferrer" class="text-primary underline">RLUSD</a>. It will also act as collateral trustee for those reserves on behalf of RLUSD holders.</p><p class="text-left mb-4 ">The new entity will provide fiduciary digital asset custody services to institutional clients. This will allow Ripple to develop its stablecoin infrastructure and institutional custody operations under federal supervision.</p><p class="text-left mb-4 ">However, a national trust bank charter does not cover the full range of services offered by traditional commercial banks. The charter does not authorize Ripple to accept deposits or issue loans. Its scope remains limited to safeguarding assets, managing reserves, and providing related trust services.</p><p class="text-left mb-4 ">This distinction is important for understanding the scope of the decision. Ripple’s approval does not mean the company will open deposit accounts for retail customers or offer consumer loans. The new bank will focus on institutional digital asset services and RLUSD’s reserve structure.</p><h2 class="text-left text-foreground text-3xl font-bold mb-3 mt-1">RLUSD’s issuer will remain unchanged</h2><p class="text-left mb-4 ">Although the new bank will take on responsibility for managing RLUSD reserves, the stablecoin’s issuer will remain unchanged. Standard Custody & Trust Company, Ripple’s entity regulated by the New York Department of Financial Services (NYDFS), will continue issuing RLUSD.</p><p class="text-left mb-4 ">The new structure will therefore maintain issuance and reserve management through separate entities. Standard Custody & Trust Company will retain its existing issuance role, while Ripple National Trust Bank will handle reserve and custody services within its authorized scope.</p><p class="text-left mb-4 ">The national bank charter adds federal OCC supervision to the stablecoin’s existing state-level oversight. Ripple will therefore maintain two layers of regulatory supervision around RLUSD.</p><p class="text-left mb-4 ">RLUSD, which launched in December 2024, has reached a market capitalization of $2.5 billion, according to the company. The stablecoin is used across Ripple’s payment infrastructure. Users can also use RLUSD as collateral within Ripple Prime.</p><p class="text-left mb-4 ">The new bank’s reserve management role will form part of the infrastructure supporting these use cases. The company’s announcement focuses on strengthening federal oversight and institutional services within the new structure.</p><h2 class="text-left text-foreground text-3xl font-bold mb-3 mt-1">The application process began in July 2025</h2><p class="text-left mb-4 ">Ripple first applied for a U.S. bank charter in July 2025. The OCC granted the company conditional approval on December 12, 2025. Final approval followed less than a year after that initial decision.</p><p class="text-left mb-4 ">Conditional and final approvals represent different stages of the chartering process. The initial decision requires the applicant to meet specified conditions. The final decision indicates that Ripple has cleared a key regulatory threshold in establishing its national trust bank.</p><p class="text-left mb-4 ">Ripple’s approval comes as crypto companies increasingly seek federal banking supervision. Circle, the issuer of USDC, also announced in July that it had received final OCC approval to establish a national trust bank.</p><p class="text-left mb-4 ">However, trust bank charters granted to crypto companies remain a subject of debate in the United States. Senator Elizabeth Warren is among those who have questioned the legal basis for these approvals and the risks they could pose to the financial system.</p><p class="text-left mb-4 ">Industry group The Digital Chamber, meanwhile, has highlighted the limited scope of the charters. It argues that trust banks’ powers are restricted to asset management and related services, and that applicants voluntarily submit to federal supervision.</p>

27 Oct 2026
Aviva and Ripple Launch New Tokenized Fund Share Class on XRP Ledger

Aviva and Ripple Launch New Tokenized Fund Share Class on XRP Ledger

<p class="text-left mb-4 ">Aviva Investors, the investment arm of British insurer Aviva, has expanded its tokenization partnership with Ripple. The company launched a new share class of its sterling liquidity fund on the XRP Ledger. Aviva invested £50 million in the new tokenized share class.</p><p class="text-left mb-4 ">The companies announced the details on Monday, October 26. The Sterling Liquidity Fund, with approximately £22 billion in assets, is Aviva Investors’ largest fund. The new share class allows investors to access the fund through tokens.</p><p class="text-left mb-4 ">The launch marks Aviva Investors’ second tokenized fund share class on the XRP Ledger. The company introduced a similar offering for its dollar-denominated liquidity fund in July. Total investment across the two tokenized share classes now exceeds £86 million.</p><h2 class="text-left text-foreground text-3xl font-bold mb-3 mt-1">New Shares of the £22 Billion Fund Move Onchain</h2><p class="text-left mb-4 ">The £22 billion figure in the announcement represents the Sterling Liquidity Fund’s total assets. The initial investment in the new tokenized share class amounts to £50 million. The announcement therefore does not mean that the fund’s entire portfolio has moved onto a blockchain.</p><p class="text-left mb-4 ">Aviva launched the fund in 2002 to invest in high-quality, short-term debt instruments. The sterling-denominated portfolio targets low-risk returns and daily liquidity. The Ireland-domiciled product operates as a UCITS money market fund.</p><p class="text-left mb-4 ">The new offering represents investors’ fund holdings on a blockchain. Investors can therefore participate in the existing investment strategy through digital shares. The underlying portfolio continues to operate within its conventional structure.</p><p class="text-left mb-4 ">The company describes this approach as a “digital twin” model. It adds a digital access layer to the existing fund structure. This allows Aviva to represent investors’ holdings onchain while preserving the portfolio’s operations.</p><h2 class="text-left text-foreground text-3xl font-bold mb-3 mt-1">Custody and Investment Terms Follow the Existing Framework</h2><p class="text-left mb-4 ">Eligible investors with digital wallets can access the new share class. The Bank of New York Mellon holds the fund’s assets. Institutional digital asset custodian Komainu and infrastructure platform Licuido also supported the launch.</p><p class="text-left mb-4 ">According to Aviva, the tokenized shares retain the conventional fund’s investment objective and risk profile. Liquidity characteristics and regulatory protections also follow the existing framework. Tokenization therefore brings share ownership into a digital format without changing the fund’s investment strategy.</p><p class="text-left mb-4 ">The structure also highlights the distinction between using the XRP Ledger and investing in XRP. Aviva’s announced £50 million investment concerns the new fund share class. The company did not announce an equivalent purchase of <a href="https://jrkripto.com/tr/coin/xrp" target="_blank" rel="noreferrer" class="text-primary underline">XRP</a>.</p><p class="text-left mb-4 ">The institutional adoption in this announcement involves using blockchain infrastructure to issue and manage fund shares. Interpreting it as a direct XRP purchase would therefore misrepresent the development.</p><h2 class="text-left text-foreground text-3xl font-bold mb-3 mt-1">Aviva Plans to Expand Its Tokenized Offerings</h2><p class="text-left mb-4 ">Aviva Investors CEO Mark Versey views the new product as a continuation of the company’s tokenization ambitions. Versey believes tokenized funds could improve efficiency and deliver better outcomes for clients. The company also plans to explore further tokenization opportunities with Ripple.</p><p class="text-left mb-4 ">Speaking to Financial News, senior investment director Alastair Sewell highlighted growing interest from institutional investors. Sewell said incoming enquiries encouraged the company to move from monitoring tokenization to developing products. Aviva Investors also wants to explore tokenized fund opportunities across other asset classes.</p><p class="text-left mb-4 ">However, the company will continue to prioritize money market funds in the initial phase. New distribution channels could help it reach investors familiar with the digital asset ecosystem. The sterling fund offering represents the latest step in that strategy.</p>

26 Oct 2026
Strategy Pauses Buying as Strive and Bitmine Add to Crypto Holdings

Strategy Pauses Buying as Strive and Bitmine Add to Crypto Holdings

<p class="text-left mb-4 ">Companies holding crypto assets started the week with different investment decisions. Strategy made no <a href="https://jrkripto.com/tr/coin/btc" target="_blank" rel="noopener noreferrer" class="text-primary underline">Bitcoin</a> purchases last week, while Strive bought $511.4 million worth of Bitcoin.</p><p class="text-left mb-4 ">Meanwhile, Bitmine continued its weekly Ethereum purchases. The company added another 10,452 ETH to its portfolio.</p><p class="text-left mb-4 ">Strive’s purchase stood out among the updates released on Monday, October 26. The company increased its total Bitcoin holdings to 43,000 BTC. Bitmine’s Ethereum reserves exceeded 6.05 million ETH.</p><h2 class="text-left text-foreground text-3xl font-bold mb-3 mt-1">Strive Buys $511.4 Million Worth of Bitcoin</h2><p class="text-left mb-4 ">Strive purchased 6,182 Bitcoin between October 17 and 23. The company spent approximately $511.4 million on the acquisitions. Its average purchase price reached $82,732 per Bitcoin, including fees and expenses.</p><p class="text-left mb-4 ">A filing with the U.S. Securities and Exchange Commission detailed the increase in reserves. Strive held 36,818 BTC on its balance sheet as of October 16. The latest purchases brought that figure to 43,000 BTC.</p><p class="text-left mb-4 "> <figure class="my-6"> <img src="https://minio-api-1.jrkripto.com/blog/ekran-g-r-nt-s-2026-10-26-155557-224c37bc.webp" alt="Ekran görüntüsü 2026-10-26 155557.png" width="auto" height="auto" class="w-full rounded-lg border" /> <figcaption class="mt-2 mb-6 text-center text-sm text-gray-500">Strive's SEC filing.</figcaption> </figure> </p><p class="text-left mb-4 ">The company’s Bitcoin reserves therefore grew by approximately 16.8% during the period. The transaction marked Strive’s largest Bitcoin purchase to date.</p><p class="text-left mb-4 ">Alongside its Bitcoin purchases, the company strengthened its cash position. Cash and cash equivalents rose from $317.5 million to $504.4 million. This represented an increase of $186.9 million.</p><p class="text-left mb-4 ">Strive also maintained its holdings of Strategy’s STRC preferred stock. The company’s position remained unchanged at 505,000 STRC shares. The fair value of those shares reached approximately $50.18 million.</p><h2 class="text-left text-foreground text-3xl font-bold mb-3 mt-1">A New Financing Program Also Takes Effect</h2><p class="text-left mb-4 ">Strive’s large purchase followed its SATS preferred stock offering. The company sold 7 million shares at $90 each, raising $630 million in gross proceeds.</p><p class="text-left mb-4 ">Strive also established a new at-the-market offering program for SATS shares. The program allows the company to sell up to $1 billion in shares over time.</p><p class="text-left mb-4 ">The company can use the proceeds for Bitcoin purchases and other corporate purposes. Potential uses also include income-generating assets, working capital, and share buybacks.</p><p class="text-left mb-4 ">However, the program’s size does not mean Strive has already raised $1 billion. Actual sales will depend on the company’s financing decisions and market conditions.</p><h2 class="text-left text-foreground text-3xl font-bold mb-3 mt-1">Bitmine Lifts Ethereum Reserves Above 6.05 Million</h2><p class="text-left mb-4 ">Bitmine announced that it purchased 10,452 ETH last week. The acquisitions brought its total Ethereum holdings to 6,051,933 ETH as of October 25.</p><p class="text-left mb-4 ">The company said this represented approximately 4.95% of Ethereum’s total supply. Bitmine aims to hold 5% of the total ETH supply over the long term.</p><p class="text-left mb-4 ">Chairman Tom Lee highlighted the company’s continued weekly purchases. According to Lee, Bitmine has bought ETH every week since launching its Ethereum treasury strategy on June 30, 2025.</p><p class="text-left mb-4 ">Bitmine also uses a substantial portion of its reserves for staking. The company’s staked Ethereum reached 5,227,037 ETH. That amount represents approximately 86% of its total Ethereum holdings.</p><p class="text-left mb-4 ">The company reported annualized staking revenue of $318 million based on its current staking position. This figure reflects an annualized calculation under current conditions, rather than realized revenue over a full year.</p><p class="text-left mb-4 ">Bitmine also repurchased its own shares during the same week. The company bought 2.04 million shares at an average price of $22.48. It therefore allocated funds to share buybacks while continuing to accumulate Ethereum.</p><p class="text-left mb-4 ">While Strategy ended the week without new Bitcoin purchases, the other two companies expanded their reserves. Strive’s update highlighted Bitcoin acquisitions and new financing options. Bitmine continued its Ethereum purchases, staking activities, and share buybacks.</p>

26 Oct 2026
Centrifuge Brings Nasdaq 100 Fund to Stellar
Centrifuge Brings Nasdaq 100 Fund to Stellarabout 2 hours ago
Chainlink in a Gold Bridge: New Integration in Hong Kong
Chainlink in a Gold Bridge: New Integration in Hong Kongabout 4 hours ago
Ripple Completes U.S. Bank Charter Approval Process
Ripple Completes U.S. Bank Charter Approval Processabout 8 hours ago
Aviva and Ripple Launch New Tokenized Fund Share Class on XRP Ledger
Aviva and Ripple Launch New Tokenized Fund Share Class on XRP Ledger1 day ago
Strategy Pauses Buying as Strive and Bitmine Add to Crypto Holdings
Strategy Pauses Buying as Strive and Bitmine Add to Crypto Holdings1 day ago
Centrifuge Brings Nasdaq 100 Fund to Stellar
Centrifuge Brings Nasdaq 100 Fund to Stellarabout 2 hours ago
Chainlink in a Gold Bridge: New Integration in Hong Kong
Chainlink in a Gold Bridge: New Integration in Hong Kongabout 4 hours ago
Ripple Completes U.S. Bank Charter Approval Process
Ripple Completes U.S. Bank Charter Approval Processabout 8 hours ago
Aviva and Ripple Launch New Tokenized Fund Share Class on XRP Ledger
Aviva and Ripple Launch New Tokenized Fund Share Class on XRP Ledger1 day ago
Strategy Pauses Buying as Strive and Bitmine Add to Crypto Holdings
Strategy Pauses Buying as Strive and Bitmine Add to Crypto Holdings1 day ago

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Cryptocurrency CalendarOctober 27, 2026
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