Ethereum: Amundi launches a tokenized fund on European equities
Original headlineEthereum : Amundi lance un fonds tokenisé sur les actions européennes
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Amundi, Europe’s largest asset manager, has launched tokenized shares of its Amundi Core STOXX Europe 600 equity ETF on the Ethereum blockchain, with CACEIS providing the infrastructure. The move follows Amundi’s earlier tokenization of a short-term liquidity fund and extends its on-chain push from cash instruments into European equity index exposure. The initiative matters as another sign of traditional finance converging with decentralized finance, with a major European manager putting a flagship equity product on a public blockchain. Details on initial assets, trading volumes, and token pricing were not disclosed in the article. What to watch next is whether other large European asset managers follow with their own tokenized equity products and how CACEIS scales the infrastructure.
Muhabbit's AI wrote this summary in its own words from Cryptoast's report and translated it from French. It can get details wrong, so check the source.
Named in this story
Amundi, Ethereum (ETH), Amundi Core STOXX Europe 600, CACEIS
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