Europe’s Largest Asset Manager Launches Tokenized Fund on Ethereum

Europe’s main asset supervisor Amundi is launching the primary tokenized cash market fund, and it has chosen the Ethereum blockchain.

Amundi has launched Europe’s first tokenized share of a cash market fund (AMUNDI FUNDS CASH EUR), making it out there by each conventional and blockchain-based distribution, in line with an announcement on Thursday.

The fund uses distributed ledger expertise and the general public Ethereum blockchain “to make sure clear record-keeping of fund items and traceability of transactions,” expertise associate CACEIS said.

CACEIS is offering the tokenization infrastructure and a digital platform for subscriptions and redemptions. The primary transaction was recorded on November 4 on the Ethereum community.

Europe’s €2.2T Asset Supervisor

Amundi is the area’s main asset supervisor and one of many tenth largest globally, with round 2.2 trillion euros in property beneath administration. It serves 100 million purchasers, together with people, establishments, and corporates, and employs 5,700 professionals throughout 35 nations.

The tokenization initiative on Ethereum represents Amundi’s transfer towards digital asset distribution, positioning the agency on the forefront of blockchain adoption in conventional asset administration.

🚨 BREAKING: 🇪🇺 Amundi, Europe’s largest asset supervisor, has launched the primary tokenized money-market fund.

Make investments with conventional shares or on-chain by way of blockchain: full transparency, on the spot orders, 24/7 entry.

EUROPE IS ALL IN ON RWA 🔥 pic.twitter.com/ITGWDTgFop

— Actual World Asset Watchlist (@RWAwatchlist_) November 27, 2025

“The tokenization of property is a change set to speed up within the coming years all over the world. This primary initiative on a cash market fund demonstrates our experience and the robustness of our methodology in masking concrete use circumstances,” mentioned Jean-Jacques Barbéris, Head of Institutional and Company Purchasers, at Amundi.

The transfer is a major improvement for Ethereum, solidifying its place because the {industry} chief in tokenizing real-world property.

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The worth of tokenized property on-chain is at present at an all-time excessive of $36 billion, according to RWA.xyz.

Ethereum Nonetheless Dominates RWA Tokenization

Ethereum remains the industry-dominant participant for RWA with round 64% market share of worth. This dominance climbs to over 72% when layer-2 networks are included. Ethereum additionally hosts greater than 60% of stablecoins, experiences RWA.xyz.

The BlackRock BUIDL fund is the most important on Ethereum with $2.3 billion in whole asset worth, whereas Franklin Templeton’s cash market fund has greater than $825 million in property. Each funds even have a small share tokenized on different chains.