Spiko's SAFO fund, managed by Amundi (€2.4T AUM) and UCITS-regulated, went live on Solana on July 2, making it the first European RWA issuer on the network.
- Spiko has launched SAFO, Europe's largest tokenized money market fund, on the Solana blockchain, marking the first European RWA issuer on the network.
- The fund, managed by Amundi and UCITS-regulated, offers institutional investors transparent access to cash management solutions with overnight liquidity and DeFi composability.
- Solana was chosen for its settlement speed, low transaction costs, and deep DeFi ecosystem, aligning with the functional requirements of daily-dealing funds.
Topics: Asset types, Institutional adoption, Blockchain usage, Financial instruments, Asset manager initiatives, Ethereum evm l 1 s
Tags: #spiko #safo #solana #amundi #ucits #moneymarketfund #rwa #tokenization #institutionalinvestors #defi
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