Key Takeaways
- • Amundi, Europe's largest asset manager, announced on November 5, 2026 a tokenized share class on Ethereum for its STOXX Europe 600 equity index fund, alongside its existing conventional share classes.
- • CACEIS, a European asset-servicing company, supplied the tokenization infrastructure for issuance on Ethereum, following the same partnership used for Amundi's first tokenized money market fund share class launched in November 2025.
- • Amundi plans to broaden its tokenized fund range for institutional clients and digital platforms, citing gains in accessibility, settlement speed and operational efficiency.
- • The global tokenized stock market reached $4.24 billion on November 4, 2026, up nearly 27% over the prior 30 days per RWA.xyz data, with the 10 largest tokenized equity products all linked to US companies or US-listed securities.
Summary
Amundi has extended its blockchain-based fund offerings beyond money market products. On November 5, 2026, the asset manager announced a tokenized share class for its STOXX Europe 600 equity index fund on Ethereum. The share class sits alongside the fund's existing conventional investment options, and Amundi said investors would continue to access the fund through traditional channels.
The underlying fund tracks the STOXX Europe 600 Index, which covers 600 large-, mid- and small-cap companies in developed European markets. CACEIS, a European asset-servicing company, provided the tokenization infrastructure for the Ethereum issuance. The same provider worked with Amundi on the firm's first tokenized money market fund share class, introduced in November 2025, which also used Ethereum.
Amundi plans to expand its tokenized fund range for institutional clients and digital distribution platforms. The firm cited potential improvements in accessibility, settlement speed and operational efficiency as drivers of the strategy.
The launch comes against a backdrop of rapid growth in tokenized securities. According to RWA.xyz data cited in the article, the global tokenized stock market reached $4.24 billion on November 4, 2026, an increase of nearly 27% over the preceding 30 days. The ten largest tokenized equity products by value were all linked to US companies or US-listed securities, including products tied to Securitize, SpaceX, Circle and Alphabet.
Regulatory pressure in Europe is also rising. In April, 39 companies and industry groups warned that the EU risked falling behind the US in tokenized finance. The coalition called for broader asset eligibility, higher volume limits and an end to time restrictions on licenses under the EU's Distributed Ledger Technology (DLT) Pilot Regime.
The underlying fund tracks the STOXX Europe 600 Index, which covers 600 large-, mid- and small-cap companies in developed European markets. CACEIS, a European asset-servicing company, provided the tokenization infrastructure for the Ethereum issuance. The same provider worked with Amundi on the firm's first tokenized money market fund share class, introduced in November 2025, which also used Ethereum.
Amundi plans to expand its tokenized fund range for institutional clients and digital distribution platforms. The firm cited potential improvements in accessibility, settlement speed and operational efficiency as drivers of the strategy.
The launch comes against a backdrop of rapid growth in tokenized securities. According to RWA.xyz data cited in the article, the global tokenized stock market reached $4.24 billion on November 4, 2026, an increase of nearly 27% over the preceding 30 days. The ten largest tokenized equity products by value were all linked to US companies or US-listed securities, including products tied to Securitize, SpaceX, Circle and Alphabet.
Regulatory pressure in Europe is also rising. In April, 39 companies and industry groups warned that the EU risked falling behind the US in tokenized finance. The coalition called for broader asset eligibility, higher volume limits and an end to time restrictions on licenses under the EU's Distributed Ledger Technology (DLT) Pilot Regime.
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