🚀 Amundi Tokenizes a €5B Fund on $ETH : A New Era for Traditional Finance?
Amundi, one of Europe’s largest asset managers, has tokenized its €5B AMUNDI FUNDS CASH EUR fund on Ethereum. Now, this conservative, liquid investment is available both traditionally and in its tokenized form. A big win for tokenization, right? 🤔
🔸 Why $ETH ?
It’s secure, legacy-approved, and the chain of choice for tokenizing assets. Amundi aims to offer investors a 24/7 subscription and redemption process, powered by stablecoins and eventually digital currencies. 🔗
🔸 The move follows the rise of tokenized money market funds, which have expanded to $9B. Although still small compared to the $7T traditional market, it signals a bridge between DeFi and traditional finance. 🏦
Tokenization is gaining momentum - what's next for $ETH as the leader in RWA tokenization?
