Amundi, CACEIS Launch First Tokenized Share Class for AMUNDI FUNDS CASH EUR

Cointime update: Amundi, working with CACEIS, launched the first tokenized share class of its AMUNDI FUNDS CASH EUR money market fund on November 5. The fund uses a hybrid distribution model allowing investors to invest through traditional channels or subscribe to tokenized shares, AMUNDI FUNDS CASH EUR – J28 EUR DLT (C). Distributed ledger technology on the public Ethereum blockchain records fund shares to improve record transparency and transaction traceability.