Amundi and fund tokenisation platform Spiko, have launched the Spiko Amundi Overnight Swap Fund (SAFO).
The fund is a tokenised sub-fund of SPIKO SICAV, a SICAV regulated under French law, designed to meet the treasury and collateral needs of corporates and financial institutions, offering a cash-equivalent instrument with 24/7 transferability.
Amundi serves as SAFO’s delegated investment manager, with Caceis acting as depositary bank and fund administrator.
Meanwhile, Spiko acts as transfer agent, tokenisation platform, and broker for the fund shares. The shareholder register is hosted on Ethereum and Stellar, with the ability to expand to additional networks in response to investor demand. Chainlink provides the infrastructure to record SAFO’s NAV on-chain.
The fund is currently available to eligible investors through Spiko, with plans to broaden access via Spiko’s API-enabled distribution network.
Jean-Jacques Barbéris, Head of Institutional and Corporate Clients, and ESG at Amundi said: “SAFO provides professional investors with a fast and transparent access to cash management solutions. This initiative is part of our ambition to contribute to the rise of tokenized solutions.”
