Amundi Puts a European Equity Fund Share Class on Ethereum

TL;DR: Amundi has launched a tokenised share class of its Core STOXX Europe 600 equity index fund on public Ethereum, working with CACEIS. It is a real fund share-class initiative, not a claim that all 600 constituent stocks are individually trading as permissionless tokens around the clock. One of Europe’s biggest asset managers has moved a conventional index product into the world of tokenised fund units. In a November 2026 announcement, Amundi said a new share class of its Core STOXX Europe 600 strategy had been issued on public Ethereum, using infrastructure developed with CACEIS. That matters because asset tokenisation is often discussed in abstract terms. Here, the starting point is an existing diversified European equity strategy and a new way of recording or distributing interests in it. A tokenised fund is not 600 independently tokenised shares Amundi’s Core STOXX Europe 600 tracks a broad European equity benchmark. What the firm has announced is a tokenised share class of the fund. It has not said that every underlying company has issued new public blockchain shares or that investors can automatically trade each of those stocks at any hour. The distinction is fundamental....