Amundi Enters the Tokenized Asset Arena with Innovative Money Market Fund

Amundi, the leading European asset manager, has announced the launch of its first tokenized share class for a euro money market fund. This marks a significant development in the adoption of blockchain technology within the traditional finance sector. The fund is now offered in a hybrid structure, allowing investors to choose between the traditional version and the new blockchain-based one. The first transaction was recorded on the Ethereum network on November 4th.

This initiative was developed in collaboration with CACEIS, a European asset-servicing group that provided the tokenization infrastructure, investor wallets, and the digital order system used to process subscriptions and redemptions.

Benefits of Tokenizing Money Market Funds

According to the companies, tokenizing the fund streamlines order processing, widens access to new investor channels, and enables 24/7 trading. Amundi stated that the fund holds short-term, high-quality euro-denominated debt, primarily comprising money-market instruments and overnight repurchase agreements with European sovereigns.

Amundi manages approximately 2.3 trillion euros ($2.6 trillion USD) in assets and serves over 100 million retail clients. The company is headquartered in Paris, France.

Rapid Growth in Tokenized Money Market Funds

Tokenized money market funds investing in US Treasuries have experienced rapid growth in 2023. Data from RWA.xyz indicates that BlackRock's on-chain money market product currently holds $2.3 billion USD in tokenized assets, while Franklin Templeton's money market fund possesses over $826 million USD in assets.

Both funds have been expanding across multiple blockchains. On November 12th, Franklin Templeton announced that its tokenization platform joined the Canton Network, enabling its money market fund to operate within a permissioned ecosystem built for financial institutions. BlackRock has also expanded its tokenized fund beyond Ethereum, adding support for Aptos, Arbitrum, Avalanche, Optimism, and Polygon.

Warnings Regarding Potential Risks

A bulletin from the Bank for International Settlements (BIS) released on Wednesday noted that tokenized money market funds had climbed to $9 billion USD in value by the end of October, up from approximately $770 million USD at the end of 2022.

However, the report cautioned that the growing adoption of tokenized Treasury portfolios as collateral could expose the financial system to new operational and liquidity vulnerabilities.


Risk Warning: This article is provided for informational purposes only and does not constitute investment advice, investment research, or a recommendation to trade. The views expressed are those of the author and do not necessarily reflect the position of Markets.com. When considering shares, indices, forex (foreign exchange), and commodities for trading and price predictions, remember that trading CFDs involves a significant degree of risk and may not be suitable for all investors. Leveraged products can result in capital loss. Past performance is not indicative of future results. Before trading, ensure you fully understand the risks involved and consider your investment objectives and level of experience. Cryptocurrency CFD trading restrictions may apply depending on jurisdiction.

Latest news

gold-trading

Wednesday, 12 August 2026

Indices

Gold Price Today, August 13: Gold Climbs Above $4,400 as Cooler US CPI Cuts Fed Hike Bets

tsmc-stock

Wednesday, 12 August 2026

Indices

TSMC Stock Rises 1.7% as AI Infrastructure Rally Lifts Chip Sector

WTI vs Brent Crude Oil

Wednesday, 12 August 2026

Indices

Oil Prices Fall Over 1% as OPEC and IEA Cut 2026 Demand Forecasts

bank-of-japan

Wednesday, 12 August 2026

Indices

USD/JPY forecast: Rate gap limits impact of US and Japanese intervention

kospi

Wednesday, 12 August 2026

Indices

KOSPI Jumps Nearly 5% as SK Hynix Surges 7% and Asian Chip Rally Accelerates

spacex-stock

Wednesday, 12 August 2026

Indices

SpaceX Stock Jumps 9.7% on Starlink and AI Push; LUNR Gains Ahead of Earnings

Tuesday, 11 August 2026

Indices

Gold Price Today, August 12, 2026: XAU/USD Rises 0.5% Near $4,400 Ahead of US CPI

What Factors Drive Crude Oil Price Fluctuations

Tuesday, 11 August 2026

Indices

Oil Nears $90 as Fading U.S.-Iran Deal Hopes Renew Hormuz Supply Fears

nio stock news today

Tuesday, 11 August 2026

Indices

NIO Stock News Today: Shares Slide as BlackRock Trims Stake Despite Record ES9 Demand

sk-hynix

Tuesday, 11 August 2026

Indices

U.S. Stocks Fall as SpaceX Drops 3.9%, While SK Hynix Jumps 4.7%