Amundi, Europe’s largest asset manager with €2.3 trillion ($2.5 trillion USD) AUM, has officially entered the next phase of blockchain finance with the launch of its Tokenized Mutual Fund called SAFO, in partnership with a leading Fintech company, Spiko.

Source: Chainlink Official
The new Amundi & Spiko Launch Tokenized Fund is powered by Chainlink technology, marking a significant step in the growing real-world asset (RWA) tokenization trend.
SAFO, or Spiko Amundi Overnight Swap Fund, is described as Europe’s first digitized UCITS overnight swap investment vehicle. It works as a cash-like product with 24/7 liquidity and near-instant settlement.
The SAFO trust uses fully collateralized total return swaps with major banks to generate yields slightly above risk-free rates, while maintaining strong liquidity.
It supports multiple currencies, including EUR, USD, GBP, and CHF, and runs on blockchain networks like Ethereum and Stellar.
With an initial commitment of around $100 million, this investment product launch targets corporate treasury and institutional investors seeking efficient cash management solutions.
Amundi blockchain-based mutual funds' integration with Chainlink technology makes it unique. It helps record the SAFO’s net asset value (NAV) directly on-chain and supports secure cross-chain transfers.
This setup allows:
Automated data updates
API and smart contract access
Borderless transfer with near-instant settlements
Seamless interaction with digital finance platforms
Real-time transparency through on-chain records
With this, institutional investors can move funds faster and more efficiently compared to traditional systems, by offering a cash-like instrument with modern blockchain benefits.
With the Amundi & Spiko SAFO Tokenized Fund, large financial players are showing confidence in blockchain infrastructure, reflecting a broader trend where traditional finance is rapidly adopting blockchain-based solutions.
According to industry data, the on-chain real-world asset (RWA) market has grown to over $27 billion in on-chain value, with projections suggesting it could exceed $100 billion by the end of 2026.

Source: RWA.xyz Official
Major institutions are now exploring tokenization to gain:
Faster settlement times
Global distribution
Continuous market access
For investors and institutions, SAFO on Chainlink signals a future where financial markets operate faster, more transparently, and without borders.
Note: This is for informational purposes only and not financial advice. Crypto investments are volatile—always do your own research.
Bhumika Baghel is a rising crypto content writer with a deepening interest in blockchain technology and digital finance. With a keen understanding of market trends and cryptocurrency ecosystems, she breaks down intricate subjects like Bitcoin, altcoins, DeFi, and NFTs into accessible and engaging content. Bhumika blends well-researched insights with a clear, concise writing style that resonates with both newcomers and experienced crypto enthusiasts. Committed to tracking price fluctuations, new project developments, and regulatory shifts, she ensures her readers stay informed in the fast-moving world of crypto. Bhumika is a strong advocate of blockchain’s potential to drive innovation and promote financial inclusion on a global scale.