SAFO Soars: Overnight Fund Breaks Records With Chainlink’s Help

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  • SAFO reached $400M AUM in just three weeks, hopping across Ethereum and Stellar like a caffeinated griffin.
  • Chainlink Reserve added 131,656.26 LINK worth over $1.1M, bringing total holdings to 3,064,151.83 LINK.
  • Amundi and Spiko launched SAFO, a tokenized fund, with NAV reporting powered by Chainlink.

Chainlink has nosed into a new tokenized fund structure involving Amundi and Spiko, a venture that sounds suspiciously like someone tried to explain a hedge fund to a dragon and forgot to bring notes.

They christened it the Spiko Amundi Overnight Swap Fund, or SAFO, for those who like their acronyms with a dash of breakfast cereal. It’s a tokenized mutual fund built on a blockchain backbone, which is either the future or a very clever way of saying someone glued a ledger to the fortunes of a city-state.

The fund reached $400 million in assets within three weeks. The setup uses Chainlink services for data reporting and cross-chain functions across Ethereum and Stellar, performing a trans-dimensional accounting dance between networks that would make a wizard dizzy.

Amundi and Spiko launch SAFO tokenized fund

Amundi, the global asset manager with about €2.3 trillion under their care, joined forces with Spiko on SAFO. They framed the fund as a tokenized overnight swap product, designed to run on blockchain settlement rails and digital asset records. It sounds like someone attached a calculator to a spellbook and called it orderly.

Europe‘s largest asset manager Amundi (€2.3T AUM) and Spiko launched a tokenized mutual fund powered by Chainlink.

In just three weeks, it has grown to $400M in AUM, making it the fastest-growing tokenized fund in the world.

The Spiko Amundi Overnight Swap Fund (SAFO) uses…

– Zach Rynes | CLG (@ChainLinkGod)

SAFO was introduced as a regulated fund product with tokenized units, a digital representation of fund shares for people who prefer their assets wearing a barcode. Market data indicates rapid inflows shortly after launch.

The fund reached around $400 million in assets within three weeks, placing it among the fast-expanding tokenized fund products. Investor participation surged during the early launch phase.

Chainlink role in NAV reporting and data

Chainlink provides automated net asset value reporting for SAFO. The system supports data delivery between traditional financial systems and blockchain networks, which is a fancy way of saying “no more juggling spreadsheets and hoping the numbers don’t wander off.”

NAV data is processed and shared through Chainlink infrastructure, enabling consistent updates across supported platforms and keeping pricing information in harmony like a choir that actually learned its scales.

Chainlink also validates data inputs used in reporting, including external market data feeds, to maintain consistency across systems. It’s the digital equivalent of a stern librarian stamping “verified” on the mortgage forms.

Multi-chain deployment and distribution

The SAFO tokenized fund is live on Ethereum and Stellar networks, allowing access across two blockchain environments and a few more headaches for auditors who enjoy the scenery. It also supports broader distribution channels.

Cross-chain interoperability is enabled through Chainlink services, letting fund data and operations move between networks and keeping the fund’s representation uniform across systems.

The multi-chain design lets investors and platforms interact with the same fund structure and integrate with different financial applications, effectively turning SAFO into a very polite octopus with many compliant arms.

Chainlink Reserve accumulation update

The Chainlink Reserve has added 131,656.26 LINK, valued at over $1.1 million. This brings total holdings to 3,064,151.83 LINK. The reserve continues to accumulate LINK over time, like a dragon with a pension plan.

RESERVE UPDATE

The Chainlink Reserve just accumulated 131,656.26 LINK ($1.1M+).

Total holdings: 3,064,151.83 LINK.

As of today, the Reserve is now a top-35 LINK holder.

– Chainlink (@chainlink)

With the latest addition, the reserve ranks among the top 35 LINK holders. The accumulation reflects ongoing inflows into the reserve system. Blockchain systems track the data on-chain with all the seriousness of a wizard checking his pockets for spare coins.

Blockchain transparency tools record the reserve activity. Holdings can be verified through public ledger data. The increase adds to the long, patient arc of reserve balance growth, which tends to be slower than a Muggle on a moving staircase but far more reliable.

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2026-04-10 06:26