European asset manager Amundi, asset servicer Caceis and fintech firm Ant International, have collaborated on blockchain-powered treasury and tokenised investment solutions.
Amundi has launched tokenised share classes for the Amundi Money Market Fund – Short Term. Denominated in euro and US dollars, these tokenised share classes were developed for Ant International.
Ant International partnered with Amundi to develop a real-time investment solution for its intra-group liquidity management requirements. Caceis acted as the transfer agent and tokenisation agent.
The three parties are now exploring the potential launch of the Amundi Money Market Fund – Short Term on Whale, Ant International’s internal blockchain-based treasury management platform. The collaboration aims to onboard Amundi funds onto the Whale platform and co-develop money market fund solutions.
Amundi and Ant International are also exploring expanding the solution to new markets and currencies, subject to approvals.
