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Amundi and CACEIS Launch the First Tokenized Shares for AMUNDI FUNDS CASH EUR

Odaily Planet Daily reports: European asset manager Amundi, in collaboration with CACEIS, has launched its first tokenized shares for the AMUNDI FUNDS CASH EUR money market fund. The fund employs a hybrid distribution model, allowing investors to invest through traditional channels or subscribe to the tokenized shares AMUNDI FUNDS CASH EUR - J28 EUR DLT (C). The solution utilizes distributed ledger technology on the public Ethereum blockchain to record fund shares, enhancing transparency and transaction traceability.

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