According to Amundi and Spiko Finance, the €2.4 trillion-asset manager is bringing SAFO, a tokenized overnight swap fund, to Solana, signaling growing institutional interest in onchain fund structures.
Amundi, Europe’s largest asset manager with €2.4 trillion in assets under management, and Spiko Finance have announced plans to launch SAFO, a tokenized overnight swap fund, on Solana. The announcement highlights continued institutional adoption of tokenization, where traditional financial products are represented on a blockchain to improve transferability and operational efficiency. The newer topic describes the fund as launched on Solana, while the older topic says it has been announced for launch, so the exact launch status is unclear. In either case, the move connects a major traditional finance institution with Solana’s blockchain infrastructure and broader onchain fund structures.