Amundi launches Ethereum-based share class for STOXX Europe 600 fund

Amundi, Europe’s largest asset manager, brought its tokenization push into European equities on November 5. It launched an Ethereum-based share class of its Core STOXX Europe 600 fund. Investors receive units in the existing fund, not blockchain-issued shares of its 600 underlying companies, according to Amundi’s announcement. What CACEIS changes, and what it doesn’t Amundi...