Amundi Launches $100M Tokenized Fund Across Ethereum and Stellar

• Amundi accelerates tokenization push with a $100M multi-chain fund launch.
• Spiko manages tokenization, transfer agency, and brokerage for the fund.
• Ethereum and Stellar enable faster settlement, while Chainlink provides real-time NAV tracking.

Amundi, Europe’s largest asset manager with roughly $2.3 trillion in assets, has expanded its tokenization strategy by launching a $100 million blockchain-based fund. The new product operates across Ethereum and Stellar networks and reflects growing institutional interest in on-chain financial instruments. 

Consequently, this move signals a broader shift toward integrating traditional finance with blockchain infrastructure. Additionally, the fund’s structure supports professional investors seeking faster settlement, greater transparency, and improved liquidity management. Hence, the development marks another step in the evolution of tokenized real-world assets within regulated markets.

Expansion of Tokenized Fund Offerings

The fund, named the Spiko Amundi Overnight Swap Fund, builds on Amundi’s earlier blockchain initiatives. The firm previously issued a tokenized share class of a money market fund in collaboration with CACEIS. Moreover, this latest launch strengthens Amundi’s position in the tokenized asset space.

The fund operates as a sub-fund within a regulated French SICAV structure. This setup ensures compliance with established financial regulations. Additionally, it targets corporate treasuries and financial institutions that require short-term liquidity solutions. 

The design allows investors to access collateralized total return swaps with leading banks. Therefore, the fund provides exposure to secure and liquid financial instruments.

Blockchain Infrastructure and Functionality

The fund integrates multiple blockchain and financial service providers. Amundi serves as the delegated investment manager and oversees strategy execution. Meanwhile, CACEIS manages depositary and administrative functions. Spiko handles tokenization, transfer agency, and brokerage operations.

Chainlink supports the infrastructure by enabling on-chain recording of the fund’s Net Asset Value. Consequently, investors gain real-time visibility into valuation data. Additionally, the fund enables near-instant settlement and continuous transferability. It also supports subscriptions and redemptions in multiple currencies, including EUR, USD, GBP, and CHF.

Besides these features, the structure allows programmable access through APIs and smart contracts. This capability improves efficiency for institutional investors. Hence, market participants can automate transactions and integrate the fund into existing systems.

Institutional Access and Market Impact

Amundi currently limits access to eligible professional investors through the Spiko platform. However, the firm plans to broaden distribution through API-enabled channels. Moreover, this approach supports scalable adoption across financial ecosystems.

The fund aims to deliver fast, transparent cash management solutions. Additionally, it offers flexible custody options and real-time shareholder visibility. Consequently, investors can manage liquidity more effectively while maintaining regulatory compliance.

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