TL;DR:
- Amundi has tokenized its 5B EUR AMUNDI FUNDS CASH EUR on Ethereum, offering 24/7 subscriptions and redemptions.
- CACEIS provides the digital infrastructure, supporting stablecoins and future official digital currencies.
- Ethereum remains the leading blockchain for tokenized assets, now hosting 303 RWA tokens and securing nearly $12B in value.
Amundi, Europe’s largest asset manager, has tokenized its AMUNDI FUNDS CASH EUR money market fund on Ethereum, marking a notable step toward integrating traditional finance with blockchain technology. The 5B EUR fund will now be accessible both through conventional channels and in its tokenized form, signaling broader adoption of digital investment infrastructure. The initiative aims to offer investors more flexible, secure, and liquid options.
Ethereum’s Leading Role in RWA Tokenization
CACEIS will provide the underlying technology, enabling tokenization of fund units, building digital portfolios, and handling subscriptions and redemptions. Subscriptions and redemptions will be available 24/7, leveraging stablecoins or potentially official digital currencies, ensuring continuous access to the fund. This structure positions Ethereum as a central platform for regulated tokenized financial products.
Tokenized money market funds are rapidly expanding in 2025, with the market now reaching $9B under management. Amundi’s launch reflects broader industry trends while emphasizing regulatory compliance and investor protection. These tokenized instruments primarily serve as liquid, secure collateral for stablecoins and are typically sold to selected institutional clients.
Ethereum maintains dominance in the tokenized asset space, securing nearly $12B in value from 303 on-chain assets. Most tokenized funds continue to select Ethereum over alternatives like Solana or BNB Chain, driven by its security, ecosystem maturity, and legacy adoption. The growth of tokenized assets has accelerated particularly in 2025, highlighting Ethereum’s leading role as a bridge between traditional finance and on-chain value.
The global money market fund ecosystem remains large, valued at over $7T, with tokenization representing a small but strategically significant portion. Amundi’s tokenization initiative demonstrates the potential for even a fractional move toward Ethereum to influence the broader finance landscape, prompting regulatory attention and encouraging other fund managers to explore similar projects.
Ethereum’s tokenized assets span multiple categories, from private credit to money market funds, reinforcing its position as a preferred platform for real-world asset tokenization. Cumulative growth, diverse applications, and institutional inflows continue to cement Ethereum’s role as the go-to blockchain for regulated financial tokenization, making it a benchmark for both innovation and compliance in digital finance.
