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 unitsAmundi 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.Two routes to the same Amundi fundTraditional channels and the new Ethereum share class connect to the same Core STOXX Europe 600 fund. Exposure comes through fund units. TWO FORMATS / ONE INVESTMENT FUND AMUNDI FUND Core STOXXEurope 600 Existing operating model Traditionalchannels FUNDUNIT Ethereumshare classCACEIS infrastructure European equity exposure Held through fund units, not separate company shares Two routes to the same Amundi fundTraditional channels and an Ethereum share class converge on the same fund. Investors obtain fund-unit exposure. TWO FORMATS / ONE FUND FUNDUNIT Traditionalchannels Ethereumshare class CACEISinfrastructure AMUNDI FUN...