Amundi Launches Tokenized Cash Fund
Update: 2025-11-28
Description
Amundi, a prominent European asset manager, has introduced a tokenized version of its main euro cash fund, marking a significant stride in digitalizing financial products. This hybrid fund, available on the Ethereum blockchain, offers investors the choice between traditional shares and tokenized versions. The first transaction using this new system was successfully completed in November. Amundi collaborated with CACEIS, providing digital wallets and a platform for managing subscriptions and redemptions. Tokenization promises faster settlement times and clearer audit trails. This development underscores Europes leadership in regulated tokenized funds, with potential future access via stablecoins or central bank digital currencies, paving the way for 24/7 subscription and redemption services.
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