Blockchain adoption has accelerated among asset managers amid initiatives by Franklin Templeton and UBS.
Amundi has completed its first tokenisation of a fund share, marking a significant step in the adoption of distributed ledger technology within European asset management. The launch comes as Amundi prepares to introduce its first Bitcoin exchange-traded notes The transaction, carried out on 4 November, involves the Amundi Funds Cash EUR money market fund, which is now available both through traditional channels and via a tokenised share named Amundi Funds Cash EUR - J28 EUR DLT (C).