Amundi Launches $100M Tokenized Fund on Ethereum

Amundi launches $100M tokenized fund, expanding strategy

Amundi launched the Spiko Amundi Overnight Swap Fund as a $100 million tokenized vehicle on Ethereum and Stellar, targeting institutional treasury and collateral use cases. The fund enables 24/7 transfers, near instant settlement, and real time NAV reporting via Chainlink, reflecting a shift toward fully on-chain fund infrastructure within regulated frameworks.

The move builds on earlier tokenization efforts, including Amundi’s 2025 on-chain share class and broader RWA momentum led by firms like BlackRock. While expected, the scale and rapid progression highlight accelerating institutional adoption. Market sentiment has been positive, with the launch viewed as a clear step toward integrating traditional asset management with blockchain-based settlement and transparency.

Similar tokenized fund launches in TradFi

Amundi’s launch follows a growing trend in tokenized funds. BlackRock’s BUIDL fund in 2024 scaled to billions, while JPMorgan introduced similar on-chain money market products. Amundi also tested the model in 2025.

These moves strengthened the RWA narrative and Ethereum’s role in institutional finance. Amundi’s latest fund shifts from pilot to a multi-chain product, signaling continued momentum rather than a first time breakthrough.

Market And Sentiment Reaction To Similar Launches

Previous tokenized fund launches from BlackRock, Amundi, and JPMorgan produced consistently positive, long term market effects. Rather than sharp price spikes, the impact was gradual and bullish, supporting Ethereum and the broader RWA sector. These events contributed to sustained growth in tokenized assets, with capital inflows building over weeks and months.

Sentiment across Crypto Twitter turned strongly positive during each launch, framing them as key “TradFi meets DeFi” milestones. The narrative shifted toward institutional validation and real world utility, with little negative pushback. Over time, these launches drove second order effects such as increased RWA adoption, deeper DeFi integration, and rising institutional participation, reinforcing Ethereum’s role as core infrastructure for tokenized finance.

What To Watch After Amundi Launches $100M Tokenized Fund

The next phase for Amundi will be adoption and distribution expansion. Key signals include growth in AUM beyond the initial $100 million, onboarding of institutional clients, and wider access through API based distribution. Any updates on additional blockchain integrations or progress on Amundi’s planned Bitcoin linked products will further indicate how aggressively the firm is scaling its digital asset strategy.

Risks center on adoption and execution. If institutional demand remains limited, growth could stall despite strong infrastructure. At the same time, regulatory developments under MiCA or operational issues, such as NAV reporting via Chainlink, could impact confidence. Strong inflows and smooth performance would reinforce tokenization as core infrastructure, while weak traction may keep it in the pilot phase.