Amundi launches tokenized shares of European equity index fund on Ethereum

on November 6, according to Cointelegraph, European asset management company Amundi has launched tokenized shares of its STOXX Europe 600 stock index fund on Ethereum, expanding its blockchain investment products beyond money market funds.

The tokenized shares were jointly issued by Amundi and CACEIS, a European asset services company providing tokenization infrastructure, with the fund remaining available through traditional investment channels. The index tracked by the fund encompasses 600 large, mid-sized, and small companies across developed European markets. Amundi plans to develop additional tokenized funds for institutional clients and digital platforms.