Europe’s largest asset manager Amundi tokenizes equity index fund on Ethereum
AI summary
Amundi, Europe's largest asset manager, has tokenized a share class of an equity index fund on Ethereum. The tokenized shares give blockchain-based exposure to an index tracking 600 companies across European markets. Traders would read this as another sign of institutional adoption of Ethereum-based tokenization, which supports the ETH narrative even if near-term price impact is limited.
