Crédit Agricole Assurances invests €100m in tokenized Amundi money market fund
- —Crédit Agricole Assurances invested €100m in tokenized Amundi Cash EUR shares
- —CACEIS serves as the fund's tokenization and transfer agent
- —Crédit Agricole owns 68.3% of Amundi and 100% of CACEIS, keeping the deal in-group
- —Amundi, with €2.4 trillion under management, launched the tokenized share class last November
Why it matters: A major institutional investor signals growing demand for tokenized money market funds in Europe.
Source: Ledger Insights