The launch builds on Amundi’s earlier experiment with tokenized share classes in November 2025, but SAFO represents a more ambitious iteration—a purpose-built, multi-chain fund engineered for programmability and real-time settlement rather than a simple digital wrapper of an existing product.
The broader pitch is straightforward: eliminate friction. Investors gain near-instant settlement, real-time visibility into ownership, and the ability to transfer shares globally at any hour—features that traditional fund infrastructure, with its reliance on cut-off times and batch processing, has long struggled to match.
Jean-Jacques Barbéris, head of institutional and corporate clients and ESG at Amundi, framed the move as part of a larger strategic direction. “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,” he said.
FAQ What is the Amundi SAFO fund?A tokenized cash-equivalent fund offering overnight liquidity and blockchain-based settlement for institutional investors. Which blockchains support the SAFO fund?The fund operates on Ethereum for smart contracts and Stellar for fast, low-cost transactions. How does Chainlink support the fund?Chainlink provides automated onchain NAV reporting and cross-chain data synchronization. Who can invest in the SAFO fund?It is designed for professional and institutional investors accessing it through Spiko’s platform.
