Amundi Launches First Tokenized Money Market Fund on Ethereum

Europe’s leading asset manager, Amundi, has taken a major step towards digital asset distribution by launching the continent’s first tokenized share of a money market fund. This groundbreaking initiative uses distributed ledger technology and the public Ethereum blockchain to ensure transparent record-keeping and transaction traceability. The fund is available through both traditional and blockchain-based distribution channels. Amundi partnered with CACEIS for tokenization infrastructure and a digital platform for subscriptions and redemptions, marking a milestone in the industry’s adoption of blockchain technology.