Update
Amundi Announces Ethereum Tokenized Fund Units
Amundi has announced a new Ethereum token representing units in its Amundi Core STOXX Europe 600 equity index fund. The announcement leaves investor access, transfer, and redemption terms unspecified. The token represents a unit in the fund, not separate shares in underlying companies. CACEIS provides the technology and infrastructure for tokenizing the fund units, and the model integrates with Amundi's existing operating model, allowing investors to access the fund through traditional channels as well. Details such as eligible investors, minimum subscriptions, fees, transfer restrictions, and redemption procedures are not specified in the announcement.