Amundi, Europe’s premier asset manager, has launched the first-ever tokenized share of a money market fund, named AMUNDI FUNDS CASH EUR, leveraging the Ethereum blockchain for accessibility in both traditional and digital asset markets. This announcement was made on Thursday.

According to technology partner CACEIS, this initiative employs distributed ledger technology to enhance transparency in fund unit record-keeping and transaction traceability. The inaugural transaction on the Ethereum network occurred on November 4.

Amundi’s Market Presence

Amundi oversees approximately €2.2 trillion and is recognized as one of the ten largest asset managers globally. The firm caters to around 100 million clients ranging from individuals to corporations, supported by a workforce of 5,700 professionals in 35 countries.

This tokenization project signifies Amundi’s strategic pivot towards digital asset distribution, highlighting its leadership role in advancing blockchain technology within traditional asset management.

🚨 BREAKING: 🇪🇺 Amundi, Europe’s largest asset manager, has launched the first tokenized money-market fund.
Invest with traditional shares or on-chain via blockchain: full transparency, instant orders, 24/7 access.
EUROPE IS ALL IN ON RWA 🔥 pic.twitter.com/ITGWDTgFop
— Real World Asset Watchlist (@RWAwatchlist_) November 27, 2025

“The tokenization of assets is a transformation set to accelerate in the coming years around the world. This first initiative on a money market fund demonstrates our expertise and the robustness of our methodology in covering concrete use cases,” said Jean-Jacques Barbéris, Head of Institutional and Corporate Clients, at Amundi.

This move strengthens Ethereum’s standing as the leading platform for tokenizing real-world assets, currently valued at a record $36 billion on-chain.

Ethereum’s Dominance in Tokenization

Ethereum maintains its role as the predominant player in the RWA sector, boasting roughly 64% market share, which rises to 72% when including layer-2 networks. The platform also accounts for over 60% of stablecoins.

As a comparative metric, the BlackRock BUIDL fund ranks as the largest on Ethereum with $2.3 billion in total assets, while Franklin Templeton’s money market fund holds over $825 million.