Europe's largest asset management company Amundi has partnered with CACEIS to bring euro money market funds onto Ethereum, marking a new milestone for 24/7 trading. (Background: South Korea's 'STO Security Token Offering' bill has passed preliminary review, potentially unlocking the RWA tokenization era as early as next year) (Additional context: Xu Zhengyu: The core of RWA and stablecoins is to serve the 'real economy,' and efforts are underway to tokenize real assets like international shipping rents) Amundi, Europe's largest asset management company, announced that its euro money market fund has added 'tokenized shares' and completed its first on-chain transaction in early November, officially becoming one of the latest members to bring real-world assets (RWA) onto Ethereum. Announcing with the first transaction According to reports, this fund will map its existing short-term high-quality euro debt assets into ERC-20 tokens, maintaining the same net asset value and income distribution logic as traditional shares. Amundi noted that the trial run in November showed that the system could complete subscriptions and redemptions on-chain, and only released the news to the public on the 27th to ensure process stability. During the fund's existence, holders can trade 24 hours a day through smart contracts, free from the constraints of bank operating hours or T+N settlement cycles, which is especially important for businesses and institutional investors seeking flexible liquidity. Mixed structure and four major efficiencies It is understood that this tokenization was completed in collaboration with Amundi and asset servicing group CACEIS. CACEIS provides digital wallets and order systems, forming a 'mixed structure': investors can freely switch between traditional fund shares and on-chain token shares. All-weather trading: Supports 24/7 subscriptions and redemptions, eliminating time zone and holiday barriers. Process automation: Orders and settlements are fully digitized, reducing administrative costs. Transparent records: All holdings and transaction records are permanently on-chain and can be publicly verified. Expanding the customer base: Attracting a new generation of investors familiar with crypto wallets, broadening funding sources. Additionally, the official statement indicated that the tokens of the fund and traditional securities belong to the same asset pool, ensuring that both types of holders enjoy consistent legal and economic rights. As blockchain proves capable of providing 24/7 liquidity and operational efficiency for money market funds, industry observers believe that by 2026, more euro or dollar-denominated money market instruments will opt for tokenization, with RWA becoming a key pathway linking traditional finance and Web3. Related reports South Korea implements 'destructive housing measures' where the loan amount for high-priced housing is less than 10%. Should Taiwan follow suit? A battery explosion caused the loss of seven years of data for 750,000 South Korean civil servants, 'crippling the public system,' and there was no backup? South Korean retail investors: We are obsessed with the feeling of dopamine surging after leveraging up; life feels like a game of squid. <Europe's largest asset management company Amundi enters Ethereum, launching tokenized euro money market fund: opening all-weather trading> This article was first published in BlockTempo, the most influential blockchain news media.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Europe's largest asset management company Amundi enters Ethereum, launching a tokenized Euro currency fund: opening up 24/7 trading.
Europe's largest asset management company Amundi has partnered with CACEIS to bring euro money market funds onto Ethereum, marking a new milestone for 24/7 trading. (Background: South Korea's 'STO Security Token Offering' bill has passed preliminary review, potentially unlocking the RWA tokenization era as early as next year) (Additional context: Xu Zhengyu: The core of RWA and stablecoins is to serve the 'real economy,' and efforts are underway to tokenize real assets like international shipping rents) Amundi, Europe's largest asset management company, announced that its euro money market fund has added 'tokenized shares' and completed its first on-chain transaction in early November, officially becoming one of the latest members to bring real-world assets (RWA) onto Ethereum. Announcing with the first transaction According to reports, this fund will map its existing short-term high-quality euro debt assets into ERC-20 tokens, maintaining the same net asset value and income distribution logic as traditional shares. Amundi noted that the trial run in November showed that the system could complete subscriptions and redemptions on-chain, and only released the news to the public on the 27th to ensure process stability. During the fund's existence, holders can trade 24 hours a day through smart contracts, free from the constraints of bank operating hours or T+N settlement cycles, which is especially important for businesses and institutional investors seeking flexible liquidity. Mixed structure and four major efficiencies It is understood that this tokenization was completed in collaboration with Amundi and asset servicing group CACEIS. CACEIS provides digital wallets and order systems, forming a 'mixed structure': investors can freely switch between traditional fund shares and on-chain token shares. All-weather trading: Supports 24/7 subscriptions and redemptions, eliminating time zone and holiday barriers. Process automation: Orders and settlements are fully digitized, reducing administrative costs. Transparent records: All holdings and transaction records are permanently on-chain and can be publicly verified. Expanding the customer base: Attracting a new generation of investors familiar with crypto wallets, broadening funding sources. Additionally, the official statement indicated that the tokens of the fund and traditional securities belong to the same asset pool, ensuring that both types of holders enjoy consistent legal and economic rights. As blockchain proves capable of providing 24/7 liquidity and operational efficiency for money market funds, industry observers believe that by 2026, more euro or dollar-denominated money market instruments will opt for tokenization, with RWA becoming a key pathway linking traditional finance and Web3. Related reports South Korea implements 'destructive housing measures' where the loan amount for high-priced housing is less than 10%. Should Taiwan follow suit? A battery explosion caused the loss of seven years of data for 750,000 South Korean civil servants, 'crippling the public system,' and there was no backup? South Korean retail investors: We are obsessed with the feeling of dopamine surging after leveraging up; life feels like a game of squid. <Europe's largest asset management company Amundi enters Ethereum, launching tokenized euro money market fund: opening all-weather trading> This article was first published in BlockTempo, the most influential blockchain news media.