Key Takeaways
- • Amundi has launched a tokenised share class of one of its flagship European equity index funds, extending tokenisation beyond its cash management solutions into index investing.
- • The new share class is issued on the public Ethereum blockchain and is fully integrated into the fund's existing operating model, with the fund still available through traditional channels.
- • The solution was developed in collaboration with CACEIS, which provides its technology and infrastructure for tokenising fund units.
- • The launch follows Amundi's first tokenised money market fund share class and stablecoin-based subscription, and is part of a phased approach to developing a range of tokenised funds for institutional clients and digital platforms.
Summary
Amundi has announced the launch of a tokenised share class of one of its flagship European equity index funds, a core strategy widely used as a building block for portfolio allocation. Tokenisation involves issuing fund units in digital form on a blockchain. Amundi describes the move as a new milestone in its digital asset strategy, taking tokenisation beyond cash management solutions into index investing.
The new share class has been issued on the public Ethereum blockchain. It remains fully integrated into the fund's existing operating model, and the fund continues to be available through traditional channels. The solution was developed in collaboration with CACEIS, which supplies its technology and infrastructure for the tokenisation of fund units.
The launch builds on Amundi's recent activity in digital assets. Over the past few months, the firm launched its first tokenised share class of a money market fund, enabled subscription via stablecoins, and entered a series of partnerships with digital players, large corporates and financial institutions to test applications of distributed ledger technology.
Amundi frames the initiative as a phased approach within a robust regulatory, operational and risk management framework. The firm aims to progressively develop a range of tokenised funds for the evolving needs of institutional clients and digital platforms, citing potential gains in operational efficiency through process automation, improved accessibility, fast settlement and transparency. The company also expects tokenised fund shares to create new opportunities for digital distribution and applications across asset classes as market infrastructure and regulation develop.
The new share class has been issued on the public Ethereum blockchain. It remains fully integrated into the fund's existing operating model, and the fund continues to be available through traditional channels. The solution was developed in collaboration with CACEIS, which supplies its technology and infrastructure for the tokenisation of fund units.
The launch builds on Amundi's recent activity in digital assets. Over the past few months, the firm launched its first tokenised share class of a money market fund, enabled subscription via stablecoins, and entered a series of partnerships with digital players, large corporates and financial institutions to test applications of distributed ledger technology.
Amundi frames the initiative as a phased approach within a robust regulatory, operational and risk management framework. The firm aims to progressively develop a range of tokenised funds for the evolving needs of institutional clients and digital platforms, citing potential gains in operational efficiency through process automation, improved accessibility, fast settlement and transparency. The company also expects tokenised fund shares to create new opportunities for digital distribution and applications across asset classes as market infrastructure and regulation develop.
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