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Amundi Puts €5 Billion Money-Market Fund on Ethereum With Tokenized Share Class

CACEIS infrastructure enables 24/7 stablecoin transactions, with CBDC compatibility signaled.

Overview

  • The AMUNDI FUNDS CASH EUR vehicle now offers a blockchain-based share class alongside existing distribution routes.
  • CACEIS provides token issuance, investor wallets, and an on-chain order platform that processes subscriptions and redemptions at any time.
  • The first transaction of the tokenized share was executed on November 4, 2025, with records maintained transparently on Ethereum.
  • Payments begin via stablecoins, and the setup is designed to incorporate central bank digital currencies when available.
  • Tokenized money-market funds remain under $10 billion versus more than $7 trillion globally, drawing attention from supervisors such as the BIS, and Amundi is reported to be preparing a Bitcoin ETP for early 2026.