Spiko Amundi Overnight Swap Fund (EUR) (EURSAFO)

Rank #82

Spiko Amundi Overnight Swap Fund (EUR) is a tokenized UCITS fund launched by Spiko and Amundi, focused on investors seeking exposure via the EURSAFO token. The EUR class (eurSAFO) was designed to allow subscription from 1 EUR and maintain liquidity on an overnight basis.

How Spiko Amundi Overnight Swap Fund (EUR) works

SAFO seeks to achieve stable returns above the €STR benchmark through fully collateralized total return swaps with top-tier banks, such as BNP Paribas. The structure was organized so that daily liquidity is available in an overnight format, aligning the operation with the functioning of the underlying fund.

What EURSAFO is used for in the crypto ecosystem

By representing a tokenized fund, EURSAFO connects the asset management logic of the traditional universe with on-chain infrastructure, a characteristic associated with Tokenized Assets and Real World Assets (RWA). In practice, the token serves as an interface for tracking and participating in the fund within the network.

Technology and networks used

The shareholder register is made available across multiple networks, including Ethereum, Polygon PoS, Arbitrum One, Starknet, Base and Etherlink, as well as Stellar. For on-chain data, Chainlink provides NAV oracle feeds, while CACEIS, from the Crédit Agricole group, acts as custodian bank and PwC as auditor.

Oversight and operation

Spiko Amundi Overnight Swap Fund (EUR) is supervised by the French authority AMF. This governance takes place in parallel with the use of oracles and the hosting of the shareholder register on the aforementioned networks, combining regulatory compliance with blockchain infrastructure.