INSTITUTIONAL | The Largest Asset Manager in Europe Tokenizes European Equity Index Fund on Ethereum
Photo: Pixabay (illustration)
Amundi, Europe’s largest asset manager, has launched a tokenized share class of its STOXX Europe 600 equity index fund on the Ethereum blockchain extending its digital asset strategy beyond money market funds into traditional equity investments. The new share class was issued in collaboration with CACEIS, a European asset-servicing company that provided the tokenization infrastructure. The fund will remain available through conventional investment channels alongside its on-chain offering. The STOXX Europe 600 tracks 600 large-, mid- and small-cap companies across developed European markets.
Source: BitKE
