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Amundi has launched a tokenized Euro money market fund on Ethereum.

On November 28, Cointelegraph reported that Amundi, Europe's largest asset management company, launched its first tokenized share class for euro money market funds. The fund is now offered in a hybrid structure, allowing investors to choose between the traditional version and the blockchain-based new version. The first transaction was recorded on the Ethereum network on November 4. The launch of this product was completed in collaboration with the European asset servicing group CACEIS, which provided the tokenization infrastructure, investor wallets, and a digitized order system for processing subscriptions and redemptions. According to both companies, tokenizing the fund can simplify the order processing workflow, broaden new investor channels, and enable 24/7 trading.

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