Amundi Launches Tokenized Shares of European Equity Index Fund on Ethereum

TechFlow reported on November 6 that, according to Cointelegraph, European asset manager Amundi has launched tokenized shares of its STOXX Europe 600 equity index fund on Ethereum, expanding its blockchain investment products beyond money market funds.

The shares were issued in partnership with CACEIS, a European asset servicing company that provides tokenization infrastructure, and the fund will continue to be offered through traditional investment channels. The index tracked by the fund covers 600 large, mid, and small-cap companies in developed European markets. Amundi plans to develop more tokenized funds for institutional clients and digital platforms.

Source: TechFlow