PANews reported on November 28th, citing Cointelegraph, that Amundi, Europe's largest asset manager, has launched its first tokenized share class for its euro money market fund. The fund now employs a hybrid architecture, allowing investors to freely choose between a traditional version and a new blockchain-based version. The first transaction was recorded on the Ethereum network on November 4th. This launch was developed in partnership with European asset services group CACEIS, which provided the tokenization infrastructure, investor wallets, and a digital order system for processing subscriptions and redemptions. According to the two companies, tokenization simplifies order processing, expands access to new investors, and enables 24/7 trading. Amundi stated that the fund primarily holds short-term, high-quality euro-denominated debt, including money market instruments and overnight repurchase agreements with European sovereign institutions.PANews reported on November 28th, citing Cointelegraph, that Amundi, Europe's largest asset manager, has launched its first tokenized share class for its euro money market fund. The fund now employs a hybrid architecture, allowing investors to freely choose between a traditional version and a new blockchain-based version. The first transaction was recorded on the Ethereum network on November 4th. This launch was developed in partnership with European asset services group CACEIS, which provided the tokenization infrastructure, investor wallets, and a digital order system for processing subscriptions and redemptions. According to the two companies, tokenization simplifies order processing, expands access to new investors, and enables 24/7 trading. Amundi stated that the fund primarily holds short-term, high-quality euro-denominated debt, including money market instruments and overnight repurchase agreements with European sovereign institutions.