Amundi Puts €5B Fund on Ethereum in Its Biggest Blockchain Move Yet
The post Amundi Puts €5B Fund on Ethereum in Its Biggest Blockchain Move Yet appeared on BitcoinEthereumNews.com.
TLDR: Amundi placed a tokenized share of its €5B money market fund on Ethereum, expanding investor access options. CACEIS built the ledger, wallets, and processing systems powering the new blockchain distribution channel. Tokenized funds remain under $10 billion despite over $7 trillion in global money market fund assets. Amundi plans to launch its first Bitcoin ETP in early 2026 as part of its digital asset expansion. Amundi has taken a decisive step into blockchain-powered finance with the launch of a tokenized share of its €5 billion money market fund. The new product places AMUNDI FUNDS CASH EUR directly on Ethereum, opening an additional distribution channel for investors. The move introduces a hybrid access model that blends traditional fund pathways with blockchain settlement. It also signals a growing shift as major asset managers explore tokenization for real-world assets. Amundi Expands Tokenized Fund Access on Ethereum The firm introduced the tokenized share after years of interest in blockchain distribution models across Europe. Social posts from Raphaël Bloch show the fund now sits alongside earlier tokenized products from BlackRock, Franklin Templeton, and French startup Spiko Finance. Those products have kept the tokenized fund market under the $10 billion mark so far, though global money market funds exceed $7 trillion. That gap supports growing expectations for larger-scale adoption across regulated markets. CACEIS provides the underlying architecture that supports Amundi’s new blockchain-enabled share class. The company delivered the distributed ledger tools, wallet rails, and on-chain processing platform for subscriptions and redemptions. According to statements cited by Bloch, the system allows around-the-clock transactions with stablecoins and potential future use of central bank digital currencies. The approach positions the infrastructure to handle more fund categories as tokenization matures. Amundi’s leadership has also presented the launch as part of a broader digital asset strategy. Bloch’s reporting notes the…
