Amundi launches a tokenized share class of a STOXX Europe 600 equity index fund on public Ethereum

Summary

Amundi, Europe's largest asset manager by assets, said Thursday it has launched a tokenized share class of one of its flagship European equity index funds, extending tokenization beyond money-market products into index investing, per the firm's announcement and Cointelegraph.

The new share class was issued on the public Ethereum blockchain and remains fully integrated into the fund's existing operating model, which stays available through traditional channels, Amundi said; Cointelegraph identified the product as a STOXX Europe 600 equity index fund built with CACEIS tokenization infrastructure.

Amundi said the launch with CACEIS follows its first tokenized money-market fund share class in recent months, plus stablecoin subscription experiments and partnerships testing distributed-ledger applications with digital firms and financial institutions.

The firm framed the move as part of a gradual digital-asset strategy aimed at institutional clients and digital platforms, citing potential gains in operational efficiency, accessibility, settlement speed and transparency as market infrastructure and regulation evolve.

Cointelegraph, citing RWA.xyz, said the value of tokenized stocks reached about $4.24 billion as of Nov. 4, up nearly 27% over 30 days, though the largest products remain concentrated in U.S.-linked assets.

Key facts

• Amundi: tokenization means issuing fund shares in digital form on a blockchain, and this launch extends that approach from cash-management solutions to index investing. (Amundi)
• Cointelegraph said Amundi plans to develop a broader range of tokenized funds for institutional clients and digital platforms. (Cointelegraph)
• Cointelegraph noted European firms have pressed regulators to accelerate DLT Pilot Regime reforms after a coalition of 39 companies warned in April that the EU risked falling behind the U.S. in tokenized finance. (Cointelegraph)

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