TLDR:
- Amundi placed a tokenized portion of its €5 billion money market fund on Ethereum, expanding options for investor access.
- CACEIS built the ledger, wallets and processing systems that power the new blockchain distribution channel.
- Tokenized funds remain below $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 Ethereumwhich opens another distribution channel for investors. The move introduces a hybrid access model that mixes traditional fund routes with blockchain settlement. It also signals a growing shift as major asset managers explore tokenization for real assets.
Amundi expands Tokenized Fund Access on Ethereum
The company introduced the tokenized share following years of interest in blockchain distribution models across Europe. Social posts from Raphaël Bloch show that the fund now sits alongside previously tokenized products from BlackRock, Franklin Templeton and French startup Spiko Finance.
These products have retained tokenized fund market under $10 billion so far, although global money market funds exceed $7 trillion. That gap supports growing expectations for greater adoption in regulated markets.
CACEIS provides the underlying architecture supporting Amundi’s new blockchain-enabled share class. The company supplied the distributed ledger tools, wallet rails, and on-chain processing platform for subscriptions and redemptions.
According to statements cited by Bloch, the system allows for 24/7 stablecoin transactions 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 strategy for digital assets. Bloch’s reporting notes that the company 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 is one of the first large-scale European fund managers to place a regulated product on a public network.
Tokenization momentum builds on traditional finance
The new Ethereum-based stock comes as private credit emerges as a new arena for blockchain distribution.
Market participants see loan markets as a natural fit due to settlement requirements and liquidity constraints. That trend is consistent with growing institutional interest in bringing real 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 that the asset manager plans to introduce its first Bitcoin ETP in early 2026. This step 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 instruments.
The shift continues a year in which 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 multiple jurisdictions.
Amundi’s entry adds another major institution to the trend and places Ethereum at the center of the ongoing evolution of financial infrastructure. The launch shows how public networks become integration points for large-scale investment strategies.
