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Adoption
Amundi Places European Equity Fund Share Class on Ethereum Blockchain
(3 hours ago) · 1 source · Summarized by CryptoBipto
Amundi, Europe's largest asset manager, has tokenized a share class of one of its European equity funds on the Ethereum blockchain. The move represents a step by a major traditional financial institution toward using public blockchain infrastructure for fund management.
WHY IT MATTERS
Think of a fund share class like a ticket that proves you own a piece of a big pool of investments.
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SOURCES
- newsbtc.com
RELATED
ETHTokenizationReal-World AssetsInstitutional AdoptionEthereumTraditional Finance
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