Spiko Finance Says SAFO Is the World's Largest Tokenized Fund
Photo: TokenPost
Spiko Finance announced at Meridian 2026 that its Spiko Amundi Overnight Swap Fund (SAFO) ranks first globally among tokenized funds by assets under management; Blockworks Advisory has proposed it as backing for Ethena’s USDe. SAFO is a tokenized subfund organized under French law and marketed as Smart Cash. Amundi manages its portfolio. Total-return swaps exchange the performance of an asset basket for an overnight-rate return. In a Sept. 18, 2026, snapshot, large-cap U.S. equities made up 99.9% of the basket, giving the fund equity-linked exposure rather than a Treasury-bill pool.
Also reported by Coinfomania.
Source: TokenPost
