Just saw Amundi’s announcement: Europe’s largest asset manager has tokenized its flagship European equity index fund, with units issued directly on the public Ethereum blockchain.
This is the tokenized share class of Amundi Core STOXX Europe 600, launched in partnership with custodian CACEIS. The fund itself will continue to be available through traditional channels as usual, meaning the same index product tracking 600 large-, mid- and small-cap European companies now has an additional on-chain access point. Amundi says this follows the launch of its first tokenized money market fund share class last November, extending tokenization from cash management to index investing. It also plans to keep expanding its range of tokenized products for institutions and digital platforms.
While U.S. tech stocks are taking a beating and the crypto market is wobbling along with them, European asset management giants are still moving broad-market equities onto public blockchains. The RWA trend doesn’t seem to be slowing down. #Amundi #代币化 #$ETH #RWA
This is the tokenized share class of Amundi Core STOXX Europe 600, launched in partnership with custodian CACEIS. The fund itself will continue to be available through traditional channels as usual, meaning the same index product tracking 600 large-, mid- and small-cap European companies now has an additional on-chain access point. Amundi says this follows the launch of its first tokenized money market fund share class last November, extending tokenization from cash management to index investing. It also plans to keep expanding its range of tokenized products for institutions and digital platforms.
While U.S. tech stocks are taking a beating and the crypto market is wobbling along with them, European asset management giants are still moving broad-market equities onto public blockchains. The RWA trend doesn’t seem to be slowing down. #Amundi #代币化 #$ETH #RWA
