Amundi has launched a $100 million tokenized cash fund that issues digital cash-equivalent tokens on Ethereum and Stellar, aiming to combine blockchain speed with traditional cash stability. The product keeps conventional custody and compliance while enabling faster settlement and programmable transfers.
Amundi has launched the first on-chain tokenized euro money market fund, offering investors a choice between a traditional fund structure and an Ethereum-recorded tokenized version. The hybrid rollout aims to bridge conventional asset management with blockchain settlement rails.