The share class announced Nov. 5 represents fund units, while Amundi's release leaves investor access, transfer and redemption terms unspecified.

Amundi has issued a tokenized share class of its Amundi Core STOXX Europe 600 equity index fund on public Ethereum on Nov. 5, adding a blockchain route to European stock-market exposure with CACEIS providing the technology and infrastructure for tokenizing the fund units

Amundi said the new class remains integrated into the fund's existing operating model, and investors can also continue accessing the fund through traditional channels.

The token represents a unit in an investment fund, with investors gaining exposure through that fund.

Amundi's Ethereum share class adds a digital route to Core STOXX Europe 600. Traditional channels remain available.

The token represents fund units, not separately issued shares in every underlying company.

The announcement leaves access, transfer and redemption terms unspecified. Connections show fund-unit exposure, not a cash flow or settlement sequence.

Qualitative schematic of the issuer-described share class and existing fund operating model. Connections show two formats for fund access and fund-level exposure, not transaction flows, settlement timing or amounts.

The announcement leaves access, transfer and redemption terms unspecified. Connections show fund-unit exposure, not a cash flow or settlement sequence.

Amundi's model differs from those of companies objecting to third-party stock tokens on OKXICE and distinguishes those products from stock perpetual contracts that provide price exposure without share ownership.

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