According to Amundi’s official announcement, the French asset management company Amundi, in collaboration with financial services provider CACEIS, has launched the first tokenized shares of its AMUNDI FUNDS CASH EUR money market fund, named “AMUNDI FUNDS CASH EUR - J28 EUR DLT (C).” The product employs a hybrid distribution model, allowing investors to subscribe through traditional channels as well as via the tokenized shares.
Amundi Launches Its First Ethereum-Based Tokenized Money Market Fund Share with CACEIS
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Summary
Amundi, in partnership with CACEIS, has launched the first Ethereum-based tokenized share of its Amundi Funds Cash EUR money market fund. The product, named 'Amundi Funds Cash EUR - J28 EUR DLT (C)', employs a hybrid distribution model, allowing investors to subscribe through traditional channels or via tokenized shares. This development introduces new Ethereum-related news to the market.
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