Amundi, Europe's largest asset manager, has successfully tokenized its €5 billion money market fund, AMUNDI FUNDS CASH EUR, on the Ethereum blockchain. This move allows investors to subscribe and redeem shares 24/7 through both traditional and on-chain methods. The infrastructure for this tokenization is provided by CACEIS, a leading European digital asset custodian. Future plans include support for settlements using stablecoins or official digital currencies.
Amundi Tokenizes €5 Billion Fund on Ethereum
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