Amundi debuts tokenized euro money market fund on Ethereum
Analysis
Price Impact
HighAmundi, europe's largest asset manager with 2.3 trillion euros in aum, debuting a tokenized euro money market fund on ethereum is a significant validation of the network's capabilities for institutional finance and the real-world asset (rwa) tokenization trend. this brings substantial traditional capital closer to the crypto ecosystem.
Trustworthiness
HighThe news is from a reputable crypto news source (cointelegraph) and reports on a concrete action by a major, verifiable financial institution (amundi). this is a factual, real-world development.
Price Direction
BullishThis development enhances ethereum's legitimacy and appeal for institutional adoption, potentially leading to increased demand for eth as a foundational layer for such initiatives, and a broader positive sentiment for the network as a leader in rwa tokenization.
Time Effect
LongWhile there might be short-term positive sentiment, the real impact of institutional integration and the growth of tokenized real-world assets on ethereum will be a long-term driver for ecosystem growth, demand, and network value.
Original Article:
Article Content:
Nate Kostar 3 minutes ago Amundi debuts tokenized euro money market fund on Ethereum The asset manager’s hybrid rollout enables investors to choose between the traditional fund and a new blockchain-based version recorded on Ethereum. Listen 0:00 21 News COINTELEGRAPH IN YOUR SOCIAL FEED Amundi, Europe’s largest asset manager, has introduced its first tokenized share class for a euro money market fund. 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 Nov. 4. The rollout 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. According to the companies, tokenizing the fund streamlines order processing, widens access to new investor channels, and enables 24/7 trading. Amundi said the fund holds short-term, high-quality euro-denominated debt, primarily comprising money-market instruments and overnight repurchase agreements with European sovereigns. According to the company’s website, it manages about 2.3 trillion euros ($2.6 trillion) in assets and serves more than 100 million retail clients. Amundi is based in Paris, France. Related: Societe Generale-Forge taps Bullish to debut MiCA-licensed USDCV stablecoin BlackRock and Franklin Templeton drive growth in tokenized funds Tokenized money market funds investing in US Treasurys have expanded rapidly in 2025. RWA.xyz data shows BlackRock’s onchain money market product currently holds $2.3 billion in tokenized assets, while Franklin Templeton’s money market fund has more than $826 million in assets. Tokenized US Treasury funds. Source: RWA.xyz Both funds have been expanding across multiple blockchains. On Nov. 12, 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. A Bank for International Settlements bulletin released on Wednesday noted that tokenized money market funds had climbed to $9 billion in value by the end of October, up from about $770 million at the end of 2023. However, the report warned that the growing adoption of tokenized Treasury portfolios as collateral could expose the financial system to new operational and liquidity vulnerabilities. Magazine: Crypto’s impossible choice: When privacy and AML laws conflict # Blockchain # Adoption # BlackRock # Tokenization # RWA Tokenization Add reaction