European asset manager Amundi has announced its first tokenized fund in partnership with CACEIS, running on the Ethereum blockchain.<\/p>\n
Amundi Launches Tokenized Fund On Ethereum<\/h2>\n
As per an announcement<\/a> on the official website, Amundi has launched the first tokenized<\/a> share of one of its money market funds. Headquartered in France, Amundi is an asset manager that serves more than 100 million users worldwide and manages over $2.3 trillion in assets. It\u2019s the largest traditional asset manager in Europe and among the top 10 globally.<\/p>\n The latest news suggests that the asset manager is now moving into blockchain-based tokenization. A \u201ctokenized\u201d asset refers to the digital representation of a real-world asset, like a stock or metal. \u201cThe tokenization of assets is a transformation set to accelerate in the coming years around the world,\u201d said Amundi\u2019s Jean-Jacques Barb\u00e9ris.<\/p>\n The fund that Amundi has tokenized is its AMUNDI FUNDS CASH EUR money market fund. According to the website description, this fund seeks to deliver a return in line with the European Central Bank rate.<\/p>\n The first transaction of the tokenized fund occurred on November 4th. The product is now distributed in a hybrid manner, meaning that users can access it via both the traditional and tokenized share routes.<\/p>\n Amundi is leveraging the Ethereum blockchain for transactions of its tokenized fund. Ethereum<\/a>, whose native token ETH is the second largest digital asset by market cap, hosts a vibrant ecosystem of DeFi and tokenized projects, thanks to its smart contracts system.<\/p>\n Amundi\u2019s tokenization move comes in collaboration with CACEIS, a major asset servicing firm in Europe. \u201cCACEIS provides the technology and infrastructure for tokenizing fund units, digital portfolios for investors, and the digital order platform for subscriptions and redemptions,\u201d said the announcement.<\/p>\n Unlike traditional transaction systems, blockchains like Ethereum offer 24\/7 availability year round, with transfers that tend to be fast and cheap. Amundi noted that the tokenization move will bring these benefits to investors and fund unit operators.<\/p>\n Jean-Pierre Michalowski, CACEIS CEO, said:<\/p>\n This is a decisive step towards achieving our goal of offering 24\/7 subscription and redemption services for investment fund units payable in stable coins (EMT) or central bank digital currency when it becomes available.<\/p>\n<\/blockquote>\n This new move isn\u2019t the only digital-asset-related initiative by Amundi. As reported by The Big Whale co-founder Gr\u00e9gory Raymond in an X post<\/a> in October, the European asset manager is preparing to launch its first Bitcoin exchange-traded notes (ETNs)<\/a> in early 2026.<\/p>\n ETNs are investment vehicles that track the price of an underlying asset and allow investors to gain indirect exposure to its movements. \u201cFor Europe, Amundi\u2019s entry is a game-changer,\u201d noted Raymond. \u201cIt could propel the crypto ETP market to another level, and above all, bring the institutional legitimacy that Bitcoin still lacked in the Old Continent.\u201d<\/p>\n At the time of writing, Ethereum is trading around $3,000, up more than 11% over the last week.<\/p>\n Featured image from Dall-E, chart from TradingView.com<\/p>\n Editorial Process<\/strong> for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.<\/p>\n<\/p><\/div><\/div>\n\n","protected":false},"excerpt":{"rendered":" Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure European asset manager Amundi has announced its first tokenized fund in partnership with CACEIS, running on the Ethereum blockchain. Amundi Launches Tokenized Fund On Ethereum As per an announcement on the official website, Amundi has launched the first tokenized share of one […]<\/p>\n","protected":false},"author":1,"featured_media":8209,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":""},"categories":[335],"tags":[12403,12404,12405,9710,2027,12406],"jetpack_featured_media_url":"https:\/\/bitcoinist.com\/wp-content\/uploads\/2025\/11\/eth_4ea78b.png","_links":{"self":[{"href":"https:\/\/demo5.dedicatedhost247.com\/zexo\/wp-json\/wp\/v2\/posts\/8208"}],"collection":[{"href":"https:\/\/demo5.dedicatedhost247.com\/zexo\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/demo5.dedicatedhost247.com\/zexo\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/demo5.dedicatedhost247.com\/zexo\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/demo5.dedicatedhost247.com\/zexo\/wp-json\/wp\/v2\/comments?post=8208"}],"version-history":[{"count":0,"href":"https:\/\/demo5.dedicatedhost247.com\/zexo\/wp-json\/wp\/v2\/posts\/8208\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/demo5.dedicatedhost247.com\/zexo\/wp-json\/wp\/v2\/media\/8209"}],"wp:attachment":[{"href":"https:\/\/demo5.dedicatedhost247.com\/zexo\/wp-json\/wp\/v2\/media?parent=8208"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/demo5.dedicatedhost247.com\/zexo\/wp-json\/wp\/v2\/categories?post=8208"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/demo5.dedicatedhost247.com\/zexo\/wp-json\/wp\/v2\/tags?post=8208"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}\n
ETH Price<\/h2>\n
<\/p>\n
The price of Ethereum seems to have been climbing in recent days | Source: ETHUSDT on TradingView<\/a><\/pre>\n
![](\"https:\/\/bitcoinist.com\/wp-content\/uploads\/2025\/02\/safe.png\")
<\/p>\n