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STOXX Europe 600 Fund Gets New Ethereum-Based Share Class From Amundi

STOXX Europe 600 Fund Gets New Ethereum-Based Share Class From Amundi

Photo: TheCoinrise

Europe's largest asset manager adds a blockchain-recorded share class to one of its flagship equity index funds. Amundi has launched a new share class for its STOXX Europe 600 index fund that records ownership on the Ethereum blockchain. The firm, widely cited as the largest asset manager in Europe, confirmed the development through its product offering rather than a separate announcement detailing technical specifics. The STOXX Europe 600 is a benchmark index tracking 600 companies across 17 European countries, spanning large, mid, and small capitalization stocks.

Source: TheCoinrise

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