Amundi unveils tokenized STOXX Europe 600 fund on Ethereum

Amundi launches a tokenized share class for its STOXX Europe 600 equity index fund on Ethereum, expanding blockchain investment options for institutional and digital investors.

Amundi, Europe’s largest asset manager, has introduced a tokenized share class for its STOXX Europe 600 equity index fund on the Ethereum blockchain. Developed in partnership with CACEIS, this launch marks Amundi’s expansion of blockchain-based investment products beyond money market funds. The tokenized shares are offered alongside traditional investment channels, providing investors with greater flexibility. The STOXX Europe 600 index covers 600 large-, mid-, and small-cap companies from developed European markets, offering broad regional equity exposure. Amundi plans to further grow its suite of tokenized funds for institutional clients and digital platforms, highlighting benefits such as improved accessibility, faster settlement, and enhanced operational efficiency. This follows Amundi’s earlier launch of a tokenized money market fund share class on Ethereum with CACEIS in November 2023, and comes amid rapid growth in the global tokenized equity market.