Amundi, Europe's largest asset manager, has launched its second tokenized fund on blockchain networks, specifically deploying on both Ethereum and Stellar networks. The tokenized swap fund represents continued institutional adoption of blockchain technology for traditional financial products.
The fund leverages Chainlink oracles to publish Net Asset Value (NAV) data on-chain, providing transparent and automated price feeds for the tokenized product. This technical infrastructure allows for real-time valuation updates and enhanced transparency compared to traditional fund structures.