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.
BNY introduced the Dreyfus Stablecoin Reserves Fund on Nov. 13 to support stablecoin liquidity and wider digital-asset adoption. The money market vehicle is positioned for institutional cash management with stablecoin-focused holdings.