Amundi has partnered with CACEIS to launch tokenized shares of AMUNDI FUNDS CASH EUR.

European asset management firm Amundi has partnered with CACEIS to launch the first tokenized share of its AMUNDI FUNDS CASH EUR money market fund. The fund employs a hybrid distribution model, allowing investors to invest through traditional channels or subscribe via tokenized units AMUNDI FUNDS CASH EUR - J28 EUR DLT (C). This solution utilizes distributed ledger technology on the public Ethereum blockchain to ensure transparency in fund unit records and enhance transaction traceability.