Amundi puts European stocks on Ethereum, but access terms stay hidden

Amundi has issued a tokenized share class of its Amundi Core STOXX Europe 600 equity index fund on public Ethereum on Nov. 5, adding a blockchain route to European stock-market exposure with CACEIS providing the technology and infrastructure for tokenizing the fund units Amundi said the new class remains integrated into the fund's existing operating model , and investors can also continue accessing the fund through traditional channels. The token represents a unit in an investment fund, with investors gaining exposure through that fund. Amundi's model differs from those of companies objecting to third-party stock tokens on OKXICE and distinguishes those products from stock perpetual contracts that provide price exposure without share ownership.

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