Key facts
- Amundi issued the tokenized share class on Ethereum with CACEIS providing the tokenization infrastructure.
- The fund tracks the STOXX Europe 600 Index of 600 large-, mid- and small-cap companies across developed European markets.
- Amundi said it plans a broader range of tokenized funds for institutional clients and digital platforms.
- The value of tokenized stocks reached $4.24 billion as of November 4, up nearly 27% over 30 days, per RWA.xyz.
- RWA.xyz data showed the 10 largest tokenized equity products by value were all tied to US companies or US-listed securities.
Amundi, Europe's largest fund manager by assets, launched a tokenized share class of its STOXX Europe 600 equity index fund on Ethereum, the company said in a Thursday announcement. The share class was issued with CACEIS, a European asset-servicing company that provided the tokenization infrastructure. The fund remains available through traditional investment channels.
The fund tracks the STOXX Europe 600 Index, which covers 600 large-, mid- and small-cap companies across developed European markets. Amundi said it plans to develop a broader range of tokenized funds for institutional clients and digital platforms, citing potential improvements in accessibility, settlement speed and operational efficiency.
The launch follows Amundi's introduction of its first tokenized money market fund share class in November 2025, also developed with CACEIS on Ethereum.
The value of tokenized stocks reached $4.24 billion as of Wednesday, Nov. 4, up nearly 27% over the past 30 days, according to RWA.xyz data. The platform's 10 largest tokenized equity products by value were all tied to US companies or US-listed securities, including Securitize, SpaceX, Circle and Alphabet.
In April, a coalition of 39 companies and industry groups warned that the EU risked falling behind the US in tokenized finance, calling for expanded asset eligibility, higher volume limits and the removal of time restrictions on licenses under the bloc's Distributed Ledger Technology (DLT) Pilot Regime.