Amundi Launches Tokenized Swap Fund on Ethereum and Stellar

Amundi, Europe’s largest asset manager with €2.4 trillion in AUM, and tokenized fund platform Spiko have launched the Spiko Amundi Overnight Swap Fund (SAFO), a tokenized UCITS vehicle with its shareholder register hosted on Ethereum and Stellar, with Chainlink providing on-chain NAV oracle infrastructure.

The fund is Amundi's second blockchain-based issuance following a tokenized money market fund on Ethereum in November.

Chainlink oracles bridge the gap between off-chain fund valuation and on-chain execution, recording SAFO's net asset value across both networks. The dual-chain architecture pairs Ethereum's smart contract ecosystem with Stellar's lower-cost transfer rails.

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