Amundi has launched the first tokenised share of its AMUNDI FUNDS CASH EUR money market fund in partnership with CACEIS.

The fund will be distributed in a hybrid model, remaining available through traditional channels while also being accessible via the tokenised share "AMUNDI FUNDS CASH EUR - J28 EUR DLT (C). 

The solution leverages distributed ledger technology on the public Ethereum blockchain to ensure transparent record keeping of fund units and enhanced traceability of transactions.

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Jean-Jacques Barbéris, Member of the Executive Committee & Head of Institutional Clients Coverage and ESG

Jean-Jacques Barbéris

Member of the Executive Committee & Head of Institutional Clients Coverage and ESG, Amundi

The tokenisation of assets is a transformation set to accelerate in the coming years around the world. This first initiative on a money market fund demonstrates our expertise and the robustness of our methodology in covering concrete use cases. Amundi will continue and expand its tokenisation initiatives to benefit its clients in France and internationally.

Jean-Jacques Barbéris, Member of the Executive Committee & Head of Institutional Clients Coverage and ESG, Amundi

To know more, please access to the press release below:

Amundi tokenises its first fund in collaboration with CACEIS