Amundi is shifting further on-chain in response to growing institutional demand for digital portfolio infrastructure.
Speaking at Paris Blockchain Week, Jean-Jacques Barbéris, Amundi’s deputy CEO, head of institutional and corporate clients division and ESG supervisor, said corporate clients are turning to tokenisation for its underlying technology rather than cryptocurrency exposure.
“For corporates in particular, what they’re interested in is the underlying technology,” said Barbéris.
“If you put yourself in the position of a corporate treasurer, the objective is to have a digital portfolio that allows them to manage cash allocation in a fully digital format.”
Functions enabled by tokenisation include 24/7 access, instant settlement, and reduced settlement friction.
Barbéris added that demand is also emerging in collateral management and distribution.
“Tokenisation enables the fractionalisation of assets, allowing access to products with much lower minimum investments,” he said.
Last year, Amundi tokenised its first money market fund (MMF) in collaboration with Caceis. The report is on CaPio here.
