Amundi tokenizes European equity index fund on Ethereum
Amundi launches tokenized Europe 600 fund on Ethereum
Amundi, described as Europe's largest fund manager by assets, has launched a tokenized share class of its STOXX Europe 600 equity index fund on Ethereum.
The new share class was issued on Ethereum with CACEIS, a European asset-servicing company. CACEIS provided the tokenization infrastructure. Tokenization means recording ownership of an asset in digital form on a blockchain, which is a shared digital record system.
Amundi said the fund will also remain available through traditional investment channels. The fund tracks the STOXX Europe 600 Index. That index covers 600 large, mid and small companies across developed European markets. An index fund is a fund that aims to follow the performance of an index.
Key details from the launch
- The share class is for the STOXX Europe 600 equity index fund.
- It was issued on Ethereum in collaboration with CACEIS.
- The index covers 600 companies across developed European markets.
- It follows Amundi's first tokenized money market fund share class, launched in November 2025 with CACEIS on Ethereum.
- Amundi plans to develop a broader range of tokenized funds for institutional clients and digital platforms.
Why Amundi says it is expanding tokenized funds
Amundi said it plans a broader range of tokenized funds for institutional clients and digital platforms. It cited possible improvements in accessibility, settlement speed and operational efficiency.
These are Amundi's stated reasons, not confirmed results from the new fund.
Tokenized stocks grew, led by US products
The value of tokenized stocks reached $4.24 billion as of Wednesday, Nov. 4, according to RWA.xyz data cited in the source. That was up nearly 27% over the past 30 days.
RWA.xyz data showed the 10 largest tokenized equity products by value were all tied to US companies or US-listed securities. Examples given included Securitize, SpaceX, Circle and Alphabet.
European firms call for faster reforms
In April, a coalition of 39 companies and industry groups warned that the EU risked falling behind the US in tokenized finance. The coalition called for expanded asset eligibility, higher volume limits and removal of time restrictions on licenses under the EU's Distributed Ledger Technology Pilot Regime.
What happens next
Amundi said it plans to develop a broader range of tokenized funds for institutional clients and digital platforms. No date for additional funds was given in the source.
Sources
Newisty Editorial Team covers technology, cryptocurrency, digital products, online platforms, developer tools and the wider digital economy. Our content is researched from official sources, company announcements, public documentation, market data and other primary or reputable sources. Articles are reviewed and edited before publication for clarity, accuracy and useful context.