A post by @WatcherGuru on X.

Amundi, Europe’s largest asset manager, has launched a tokenized equity index fund on Ethereum, marking a significant step by a major traditional asset manager into on-chain fund infrastructure. The fund tracks an equity index and issues tokenized shares on Ethereum, though the announcement did not disclose the fund’s size, token price, or initial assets under management. The move matters because it adds a large European incumbent to the roster of asset managers testing public blockchain rails for mainstream investment products, following similar tokenization efforts by firms such as BlackRock and Franklin Templeton. It also reinforces Ethereum’s position as a preferred settlement layer for tokenized real-world assets, where total value locked across tokenization protocols has been climbing. What to watch next: whether Amundi discloses AUM and distribution partners for the fund, and whether other large European managers follow with their own on-chain share classes.