Key Highlights
- Amundi and Spiko launched SAFO, a tokenized fund constructed on Ethereum and Stellar.
- The fund’s on-chain NAV is powered by Chainlink, which gives real-time, clear worth.
- The fund exhibits that tokenized funds are getting used for actual enterprise work, not only for investing.
Amundi, Europe’s largest asset supervisor, collectively with Spiko, a tokenization platform, has launched a brand new tokenized fund on the Ethereum and Stellar blockchains.
The fund, known as Spiko Amundi In a single day Swap Fund (SAFO), is designed to assist monetary establishments handle money and collateral, in line with the official announcement.
The fund begins with $100 million in dedicated property and is accessible in 4 currencies: euro, U.S. greenback, pound sterling, and Swiss franc.
Quick money and administration options for traders
In keeping with the corporate, SAFO capabilities like a daily fund however is tokenized. It’s totally backed by complete return swaps with top-tier banks to generate returns above risk-free benchmarks whereas maintaining the money accessible in a single day.
The corporate mentioned traders should purchase or promote from as little as one unit of every forex. Amundi manages the fund because the delegated funding supervisor, whereas CACEIS takes care of the fund administration and depositary work.
As well as, SAFO gives near-instant settlement and versatile custody choices. The agency additionally mentioned traders get 24/7 borderless transfers and may entry the fund utilizing APIs or good contracts, which makes it simple to hyperlink with different digital programs.
The fund makes use of a dual-chain system, which suggests Ethereum helps the good contracts in addition to decentralized finance, whereas Stellar permits traders to entry quick and low cost transfers.
Actual-time NAV with Chainlink
Chainlink powers the fund’s web asset worth (NAV). Which means the fund’s worth is recorded on the blockchain in actual time, and anybody can entry it. That is anticipated to make it clear.
Chainlink additionally helps the fund work easily throughout the blockchain. Buyers can connect with the fund utilizing APIs to hyperlink it to different digital programs and make their operations simpler and programmable.
Broader context
Tokenized funds are gaining popularity as a result of they make monetary operations quicker, clearer, and programmable.
The tokenization of real-world property rose from $15.2 billion at the beginning of 2025 to just about $52 billion by March 2026. In keeping with analytics, Ethereum currently leads this market with $15.7 billion.
Amundi’s SAFO fund is a part of this pattern, displaying how regulated tokenized funds are shifting past easy funding merchandise to assist with precise enterprise operations, equivalent to treasury operations. For Amundi, that is a part of its broader plan to leverage digital property throughout Europe.
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