Amundi Launches $100 Million Tokenized Fund on Ethereum and Stellar

Europe’s largest asset manager introduced a tokenized fund with a reported $100 million size using Ethereum and Stellar, two public blockchain networks.

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Terms & Concepts
  • Tokenized fund: An investment fund represented on a blockchain, allowing ownership or fund units to be recorded digitally.
  • Ethereum: A blockchain network that supports smart contracts (self-executing blockchain code) and tokenized financial products.
  • Stellar: A blockchain network designed for payments and asset issuance, often used for tokenized assets and cross-border transfers.