Amundi Tokenizes STOXX Europe 600 Equity Index Fund on Ethereum

Amundi, Europe’s largest fund manager by assets, has launched a tokenized share class of its STOXX Europe 600 equity index fund on Ethereum, expanding its blockchain-based investment offerings beyond money market funds. According to Cointelegraph, the share class was issued in collaboration with CACEIS, a European asset-servicing company that provided the tokenization infrastructure. Amundi said the fund will remain available through traditional investment channels. It tracks the STOXX Europe 600 Index, which includes 600 large-, mid- and small-cap companies across developed European markets. The asset manager also said it plans to develop a broader range of tokenized funds for institutional clients and digital platforms. Amundi cited potential benefits including improved accessibility, faster settlement and greater operational efficiency. The launch follows the company’s introduction of its first tokenized money market fund share class in November 2025, which was also developed with CACEIS on Ethereum. The launch comes as the global tokenized equities market grows, though its largest products remain concentrated in US-related assets. Tokenized stocks were valued at $4.24 billion as of Wednesday, Nov. 4, an increase of nearly 27% over the past 30 days, according to RWA.xyz data. The platform’s 10 largest tokenized equity products by value were all linked to US companies or US-listed securities, including Securitize, SpaceX, Circle and Alphabet. European financial firms have also urged regulators to speed up reforms. In April, a coalition of 39 companies and industry groups said the European Union risked falling behind the US in tokenized finance. The group called for broader asset eligibility, higher volume limits and the removal of time restrictions on licenses under the bloc’s Distributed Ledger Technology (DLT) Pilot Regime.