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 firm expects tokenization to accelerate in the coming years as more institutions adopt blockchain settlement.
The group plans to continue expanding tokenized products for investors in France and international markets. The development marks one of the first large-scale European fund managers to place a regulated product on a public network.
Breaking: Amundi just tokenized one of its funds. And it’s on Ethereum.
The largest asset manager in Europe has launched a tokenized share of its money market fund, AMUNDI FUNDS CASH EUR, a fund of just over €5 billion, now available hybrid-style: through traditional… pic.twitter.com/1bCJ17njTp
— Raphaël Bloch
Tokenization Momentum Builds Across Traditional Finance
The new Ethereum-based share arrives as private credit emerges as a new arena for blockchain distribution.
Market participants see lending markets as a natural fit due to settlement demands and liquidity constraints. That trend aligns with growing institutional interest in bringing real-world assets on-chain through regulated channels. The addition of a money market fund strengthens the mix of tokenized categories available to qualified investors.
Amundi is also expanding its digital products beyond tokenization. Reporting from The Big Whale indicates the asset manager plans to introduce its first Bitcoin ETP in early 2026. That move would add exposure to the broader crypto market under its existing regulatory framework.
Combined with the tokenized fund launch, the strategy shows Amundi’s increasing engagement with blockchain-based investment vehicles.
The shift continues a year where global asset managers have accelerated experiments with tokenized securities. BlackRock led early adoption with its own on-chain fund products, while Franklin Templeton expanded its blockchain-enabled offerings across several jurisdictions.
Amundi’s entry adds another major institution to the trend and places Ethereum at the center of ongoing financial infrastructure development. The launch demonstrates how public networks are becoming integration points for large-scale investment strategies.
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Source: https://blockonomi.com/amundi-puts-e5b-fund-on-ethereum-in-its-biggest-blockchain-move-yet/