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Amundi launched a $100 million tokenized fund on Ethereum and Stellar.
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The fund offers near-instant settlement and 24/7 transferability of shares.
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Chainlink is used to publish real-time NAV data onchain.
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Tokenized real-world assets have grown to nearly $52 billion in market size.
Europe’s Largest Asset Manager Expands Into Tokenization
Amundi, Europe’s largest asset manager with around $2.3 trillion in assets under management, has launched a new tokenized fund with $100 million in committed capital.
The Spiko Amundi Overnight Swap Fund is built on both Ethereum and Stellar, marking the firm’s second blockchain-based product in recent months. The fund is structured under French regulatory frameworks and targets professional investors.
It is designed primarily for treasury and collateral management, offering exposure to overnight liquidity through fully collateralized swap structures.
Blockchain Enables Faster and More Flexible Fund Access
The fund introduces several blockchain-based advantages over traditional fund structures.
Investors benefit from near-instant settlement, real-time transparency, and continuous access to fund shares. The tokenized format also allows for 24/7 transfers across borders, something not possible in traditional markets.
The shareholder register is recorded onchain, while Chainlink provides infrastructure to publish the fund’s net asset value in real time across multiple networks.
Institutional Infrastructure Behind the Fund
Amundi acts as the investment manager, while CACEIS serves as the depositary and fund administrator. Spiko handles tokenization, transfer agent services, and brokerage functionality.
The fund supports subscriptions and redemptions in multiple currencies, including euro, U.S. dollar, British pound, and Swiss franc.
The structure is designed to integrate seamlessly into institutional workflows while leveraging blockchain technology.
Tokenized Real-World Assets Continue to Grow
The launch reflects the rapid growth of tokenized real-world assets. The market has expanded from about $15 billion at the start of 2025 to nearly $52 billion.
Ethereum currently leads the sector, followed by other blockchains such as Provenance, as institutions increasingly explore tokenization for financial products.
