Amundi and Spiko Launch Tokenized Fund with Chainlink

Amundi, a global asset manager with approximately €2.3 trillion in assets under management, has collaborated with Spiko to introduce the Spiko Amundi Overnight Swap Fund (SAFO). This tokenized mutual fund utilizes blockchain infrastructure, allowing for digital representation of fund shares and market data integration.

The fund's design enables investors to participate quickly, as demonstrated by rapid inflows shortly after launch. SAFO reached $400 million in assets within three weeks, positioning it among the fastest-growing tokenized fund products.

Chainlink plays a crucial role in providing automated net asset value (NAV) reporting for SAFO. The system streamlines data delivery between traditional financial systems and blockchain networks, reducing manual steps in reporting fund value. Chainlink's infrastructure processes and shares NAV data consistently across supported platforms, supporting synchronization of pricing information.

The multi-chain deployment and distribution of the SAFO tokenized fund on Ethereum and Stellar networks enables access across two different blockchain environments. This setup supports broader distribution channels and cross-chain interoperability through Chainlink services, allowing fund data and operations to move between networks. The design also facilitates consistent fund representation across systems, supporting integration with various financial applications.

Chainlink Reserve has added 131,656.26 LINK worth over $1.1 million, bringing total holdings to 3,064,151.83 LINK. This accumulation reflects ongoing inflows into the reserve system, which can be verified through public ledger data recorded by blockchain transparency tools.