- Amundi launches first tokenised cash market fund on Ethereum.
- The tokenised MMF operates by way of a hybrid mannequin with blockchain and conventional entry.
- Blockchain allows 24/7 buying and selling, on the spot execution, and clear information.
European asset administration big Amundi has taken a serious step into the digital finance period by launching the primary tokenised share of its AMUNDI FUNDS CASH EUR cash market fund on the Ethereum blockchain.
The tokenised fund marks a major innovation in fund distribution and permits buyers to carry fund items digitally whereas sustaining the standard channels for accessing the fund.
A brand new digital frontier for cash market funds
According to Amundi, the tokenised fund is in-built collaboration with CACEIS, one among Europe’s main asset-servicing suppliers.
CACEIS provides the know-how infrastructure required for tokenisation, together with digital wallets for buyers and a blockchain-based order platform that helps subscriptions and redemptions.
Jean-Pierre Michalowski, CEO of CACEIS, highlighted that the hybrid switch agent service opens a brand new distribution channel, permitting purchasers to rapidly and effectively execute fund transactions by way of blockchain whereas paving the way in which for potential future operations in stablecoins or central financial institution digital currencies.
The primary transaction of the tokenised share passed off on November 4, 2025, and the fund is now distributed by way of a hybrid mannequin.
Because of this buyers can proceed to make use of standard strategies, however the brand new digital possibility allows fund items to be recorded as tokens on Ethereum, offering safe, clear, and traceable transaction information.
Advantages of blockchain integration in MMFs
Blockchain know-how gives a number of benefits for each buyers and fund managers.
Orders could be executed immediately, operations can proceed across the clock, and transactions are recorded with full transparency.
The tokenised mannequin additionally opens the fund to youthful and extra digitally oriented buyers, reflecting a shift in investor behaviour towards quicker, extra accessible monetary merchandise.
Amundi emphasised that the launch doesn’t substitute conventional fund entry however as a substitute gives an extra route for buyers.
The hybrid method ensures that the fund stays inclusive, combining the reliability of standard distribution with the effectivity and innovation provided by blockchain know-how.
Jean-Jacques Barbéris, Head of Institutional and Company Shoppers and ESG at Amundi, described asset tokenisation as a world transformation set to speed up within the coming years, with this initiative serving as a sensible demonstration of the agency’s experience in implementing safe and sturdy blockchain purposes in finance.
A rising development in digital asset administration
The launch comes amid a broader growth of tokenised real-world property.
Market information exhibits that the worth of tokenised property on blockchains rose sharply in 2025, from $15.2 billion originally of the yr to $37.1 billion by late November.
Ethereum, the place Amundi’s fund is hosted, ranks second globally within the tokenised real-world asset area with a market cap of $12.4 billion.
The development displays growing institutional curiosity in blockchain-based funding options and the mainstreaming of digital finance improvements.
Tokenised cash market funds, specifically, have seen speedy adoption lately.
Trade information signifies that merchandise from main companies like BlackRock and Franklin Templeton now handle billions in digital property, whereas complete worth locked in tokenised funds surged from round $770 million on the finish of 2023 to almost $9 billion by October 2025.
Amundi’s launch positions it as a front-runner in Europe, showcasing its dedication to leveraging digital innovation whereas sustaining sturdy regulatory and operational requirements.