🚨 BREAKING NEWS: Europe’s largest asset manager Amundi tokenizes equity index fund on Ethereum
The new share class offers blockchain-based exposure to an index tracking 600 companies across European markets.
Amundi, Europe’s largest fund manager by assets, has launched a tokenized share class of its STOXX Europe 600 equity index fund on Ethereum, expanding its blockchain-based investment offerings beyond money market funds.
The new share class was issued on Ethereum in collaboration with CACEIS, a European asset-servicing company that provided the tokenization infrastructure. The fund will continue to be available through traditional investment channels, Amundi said in a Thursday announcement.
The fund tracks the STOXX Europe 600 Index, which covers 600 large-, mid- and small-cap companies across developed European markets. Amundi said it plans to develop a broader range of tokenized funds for institutional clients and digital platforms, citing potential improvements in accessibility, settlement speed and operational efficiency.
🔗 [READ FULL HERE](https://cointelegraph.com/news/amundi-tokenizes-european-equity-index-fund-ethereum?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound)
📰 Nguồn: 🪙 CoinTelegraph
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The new share class offers blockchain-based exposure to an index tracking 600 companies across European markets.
Amundi, Europe’s largest fund manager by assets, has launched a tokenized share class of its STOXX Europe 600 equity index fund on Ethereum, expanding its blockchain-based investment offerings beyond money market funds.
The new share class was issued on Ethereum in collaboration with CACEIS, a European asset-servicing company that provided the tokenization infrastructure. The fund will continue to be available through traditional investment channels, Amundi said in a Thursday announcement.
The fund tracks the STOXX Europe 600 Index, which covers 600 large-, mid- and small-cap companies across developed European markets. Amundi said it plans to develop a broader range of tokenized funds for institutional clients and digital platforms, citing potential improvements in accessibility, settlement speed and operational efficiency.
🔗 [READ FULL HERE](https://cointelegraph.com/news/amundi-tokenizes-european-equity-index-fund-ethereum?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound)
📰 Nguồn: 🪙 CoinTelegraph
$BTC $ETH #BinanceSquare #CryptoNews
