TL;DR:
- Amundi manages an institutional portfolio of 2.4 trillion euros in traditional assets.
- The real-world asset (RWA) ecosystem on Solana records an all-time high of 2,420 million dollars.
- The Spiko platform currently manages approximately 1,700 million dollars in the financial sector.
Amundi and Spiko jointly announced the expansion of their Tokenized Fund on Solana, moving the Spiko Amundi Overnight Swap Fund (SAFO) financial vehicle to said blockchain network. The official announcement was made by Paul-Adrien Hyppolite, CEO of Spiko, during the House of Sol institutional conference cycle in the city of London.
Announced at House of Sol: Amundi and Spiko bringing SAFO to Solana!@Amundi_ENG – Europe's largest asset manager (€2.4T AUM) and @Spiko_finance ($1.7B AUM) are launching a UCITS fund on @Solana. pic.twitter.com/M4mk7PKSRN
— Superteam UK (@SuperteamUK) May 15, 2026
This product operates under the legal structure of Undertakings for Collective Investment in Transferable Securities (UCITS). According to European regulatory documentation, this regulation allows the cross-border distribution and marketing of mutual funds in all member countries of the European Union. SAFO is formally constituted as a tokenized sub-fund under the legal entity of SPIKO SICAV, strictly subject to the supervision of French legislation.
The financial vehicle focuses primarily on providing cash optimization solutions and treasury operations for large corporations and institutions. To fulfill this purpose, the fund implements total return swap contracts that have the full backing and collateralization of Tier 1 banking entities, with BNP Paribas participating as the initial counterparty to the agreement. The technical processing and issuance of Net Asset Value (NAV) data are executed on-chain through the decentralized oracles provided by the Chainlink network.
Expansion of the RWA ecosystem and institutional adoption
The integration of the SAFO fund within this technological environment coincides with a growth phase in the operational metrics of the smart contract network. According to statistical indicators published by the specialized firm RWA.xyz, the real-world asset sector within Solana reached a total value locked of $2,420 million at the close of this week.
The same statistical records show the existence of 216,000 unique addresses holding fixed income or treasury tokens on the network. Likewise, data from the analysis platform indicates that the cumulative volume of institutional asset transfers on the blockchain totaled $3,390 million during the last 30 trading days.
Data from RWA.xyz suggests that the network’s technical infrastructure is undergoing a transition from essentially retail capital flows toward regulated corporate applications. This trend aligns with similar initiatives executed by other Wall Street financial firms during the current macroeconomic period. In March, the asset manager Franklin Templeton formalized a strategic alliance with the DeFi protocol Ondo to structure the issuance of tokenized exchange-traded funds.
Additionally, investment firms State Street and Galaxy Asset Management introduced the SWEEP private liquidity fund to this same network earlier this month. According to the technical issuance prospectus, this product allows corporate stablecoin holders to capture yields based on Treasury bills. The competitive landscape was complemented by the launch of the $USCC indexed fund by the firm Bitwise, developed alongside Superstate, which began operations with capital under management of $267 million.
The start of subscriptions on the testnet and the subsequent enablement of the issuance of digital shares of the SAFO fund for professional investors are scheduled for the beginning of the next fiscal quarter.
