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

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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.

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