SAFO is a tokenised sub-fund of SPIKO SICAV, a SICAV regulated under French law, designed to meet the treasury and collateral needs of corporates and financial  institutions of all sizes, offering a cash-equivalent instrument with 24/7 transferability.

Key features of the fund include:

• Use of fully collateralized total return swaps with top-tier banks, to deliver  stable yields above risk-free benchmarks, while maintaining overnight liquidity.
• • Availability in four currencies, allowing investors to subscribe and redeem from  as little as 1 EUR, USD, GBP, or CHF.
• Blockchain-enabled efficiency, providing near-instant settlement, flexible  custody options, real-time transparency of the shareholder register, and 24/7  borderless transferability of fund shares.
• Programmatic access via API or smart contracts.

Amundi serves as SAFO’s delegated investment manager, with CACEIS acting as  depositary bank and fund administrator. Spiko acts as transfer agent, tokenization  platform, and broker for the fund shares.

The shareholder register is hosted on  Ethereum and Stellar, with the ability to expand to additional networks in response to  investor demand.

Chainlink provides the oracle infrastructure to record SAFO’s NAV on chain.

SAFO is currently available to eligible investors through Spiko, with plans to broaden  access via Spiko’s API-enabled distribution network.

Jean-Jacques Barbéris, head of Institutional and Corporate Clients, and ESG at  Amundi said:

“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.”

Paul-Adrien Hyppolite, co-founder and CEO of Spiko, added:

“Clients will benefit from  the reliability of Spiko’s fund issuance and distribution infrastructure.”