Author: Michael Johnson

Amundi launches first tokenised money market fund on Ethereum. The tokenised MMF operates via a hybrid model with blockchain and traditional access. Blockchain enables 24/7 trading, instant execution, and transparent records. European asset management giant Amundi has taken a major step into the digital finance era by launching the first tokenised share of its AMUNDI FUNDS CASH EUR money market fund on the Ethereum blockchain. The tokenised fund marks a significant innovation in fund distribution and allows investors to hold fund units digitally while maintaining the traditional channels for accessing the fund. A new digital frontier for money market funds…