- Amundi launches its first tokenized euro money market fund on Ethereum.
- New tokenized share class mirrors a €5B fund while recording ownership on-chain.
- Institutional investors gain a regulated euro option through whitelisted wallets.
Amundi has launched its first tokenized euro money market fund on the Ethereum blockchain, marking a major shift in how European funds may operate in the future. The move places Europe’s largest asset manager at the center of the region’s transition toward on-chain financial infrastructure and introduces blockchain access to one of its core liquidity products.
The tokenized product is a new share class of the €5 billion AMUNDI FUNDS CASH EUR. The fund is invested in short-term and high-quality instruments and sovereign repo agreements of the euro. This new class is AMUNDI FUNDS CASH EUR J28 EUR DLT. It maintains the portfolio and risk profile of the original and logs the ownership and transfer of investors on the public Ethereum network.
Amundi Expands Tokenization Through CACEIS Partnership
Amundi collaborated with CACEIS, the asset-servicing division of Crédit Agricole, to retain all technical and operational aspects related to the launch. CACEIS conducts issuance of tokens, custody, management of wallets, and settlement.
The debut on-chain subscriptions and redemptions took place on 4 November 2025. The fund would be open to investors via conventional methods or blockchain-based avenues.
The tokenized shares have been made accessible to institutional customers with whitelisted wallets. Smart contracts cover transfers, settlements, and record keeping. These on-chain processes fully comply with the European fund rules at every step. The digital layer does not alter the manner in which the fund invests; it is just altering the way ownership is registered.
Also Read: Ethereum’s Silent Reaccumulation Signals Potential Surge Toward $3,200
Surge in Tokenized Assets Reshapes Institutional Investment Options
The launch comes at a time of pronounced increases in tokenized cash and liquidity products. Amundi cites industry data that tokenized money market funds will increase to nearly $9 billion by the end of 2025, compared to less than $1 billion at the end of 2023.
Tokenized treasuries and cash products have also grown to almost $7.4 billion and are in high demand among institutions that are experimenting with blockchain rails.
BlackRock and Franklin Templeton have already deployed multi-billion tokenized liquidity pools. The entry of Amundi provides this market with a significant euro-denominated product and an increase in the geographic and currency base of tokenized funds. There is now a regulated euro choice on a publicly accessible blockchain by corporate treasurers and institutions.
According to Amundi, Ethereum has the advantage of quicker settlement windows, constant processing, and enhanced transparency, as the records of transactions are immutable. The company emphasizes the idea that tokenization is an additional layer, and clients can implement on-chain services at their level of choice.
Also Read: Ethereum Whale Boosts Position to $44.5 Million Amid Crypto Surge
