Amundi revolutionizes the money market: New tokenized fund on Ethereum!

Amundi revolutionizes the money market: New tokenized fund on Ethereum!

Amundi announced an important innovation in financial services on November 29, 2025. The company, one of the largest asset managers in Europe, has launched a tokenized share class for its AMUNDI FUNDS CASH EUR money market fund. This development was carried out in partnership with CACEIS, a major player in European asset servicing. The first transaction as part of this innovation took place on November 4th.

With the launch of this tokenized share class, referred to as AMUNDI FUNDS CASH EUR – J28 EUR DLT (C), the fund is available through both traditional channels and the new blockchain option. This initiative leverages the Ethereum blockchain, known for its ability to ensure transparent recordkeeping of fund shares and enable secure, traceable transaction flows. With this move, Amundi is positioning itself in the growing segment of blockchain-based fund infrastructure in Europe.

Importance of Tokenization

Jean-Jacques Barbéris, Head of Institutional and Corporate Clients at Amundi, highlights the great importance of tokenizing assets. This technology not only increases efficiency, but also offers new opportunities for investors. Not coincidentally, Amundi's new fund is reminiscent of BlackRock's BUIDL fund, which launched in March 2024, revealing the ongoing turnaround in the industry.

The Ethereum blockchain has established itself as a pioneer in terms of tokenization. Ethereum currently has a market capitalization of $11.5 billion and is considered the largest blockchain for tokenized assets. This market position is followed by BNB Chain and Solana, with market capitalizations of $1.6 billion and $827 million. According to a forecast from Standard Chartered, Ethereum is expected to continue to lead the tokenization wave in the future, especially due to its stability and reliability.

Market potential of tokenization

The bank estimates that tokenized money market funds and publicly traded stocks could each account for about $750 billion of the expected $2 trillion market for tokenized assets. These numbers illustrate the enormous potential that tokenization holds for financial markets. Amundi's move to introduce a blockchain-native share class shows that large institutions are now using Ethereum to tokenize real-world assets, further driving the adoption of this technology in the traditional financial world.

Overall, tokenization by companies like Amundi represents a significant advance in the integration of blockchain technology into conventional financial services and offers hope for an exciting development in the digital assets sector.

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