Amundi Launches Tokenized Shares of STOXX Europe 600 Index Fund on Ethereum

A major European asset manager tokenizing a broad equity index fund on Ethereum signals that the tokenization push is moving beyond cash-like instruments into core portfolio building blocks. The involvement of CACEIS as servicer matters because it ties the product to established custody and fund administration rails rather than a crypto-native wrapper. The open question is whether tokenized equity exposure can diversify a market where the largest products are overwhelmingly tied to US names, and whether institutional demand follows the expanding pipeline Amundi has flagged.