Amundi launches its first Solana UCITS fund, managing assets worth €2.4 trillion

CryptoWorld News: Amundi, the largest asset management company in Europe, has announced the launch of its first UCITS-compliant fund on Solana—SAFO—with assets under management of €2.4 trillion. The fund was jointly launched by Amundi and Spiko Finance, with Spiko Finance handling transfer agency, tokenization platforms, and brokerage services, while CACEIS is responsible for custody and fund management. As a tokenized sub-fund under the legal entity Spiko SICAV, SAFO is regulated by the French Financial Markets Authority (AMF). The fund implements a fully collateralized total return swap agreement, backed by top-tier banks including BNP Paribas. Investments are denominated in euros, US dollars, British pounds, and Swiss francs, with a minimum investment of one unit for each currency category. This launch marks a major rollout of institutional-grade investment. With the U.S. Solana spot ETF assets under management surpassing $1 billion, Amundi’s initiative further promotes cross-Atlantic institutional adoption.
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GateUser-03ce08c7
· 5h ago
Transferring agents onto the blockchain, the role of intermediaries is redefined
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AirdropsAfterTheTideRecedes
· 5h ago
UCITS compliance + tokenization, SAFO's combination punch is well executed
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