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Amundi, Europe’s largest asset manager, is launching the Spiko Amundi Overnight Swap Fund (SAFO), a tokenized fund on Ethereum and Stellar starting with about $100 million in committed assets.

A Traditional Fund With A Tokenized Wrapper

Institutions historically related to TradFi have found a way to not to be left behind on the crypto curve in tokenized assets. In a statement published on Amundi’s website, the investment fund announced its collaboration with Spiko, a French-law regulated specialist tokenization platform, to launch SAFO as a tokenized sub-fund of SPIKO SICAV.

𝗟𝗜𝗩𝗘: Europe’s largest asset manager Amundi (€2.3 trillion AUM) & Spiko launch new tokenized mutual fund (SAFO) powered by Chainlink.

Chainlink is how the world’s leading institutions & tokenization platforms are unlocking the issuance & distribution of tokenized funds. pic.twitter.com/2GQshwqCrC

— Chainlink (@chainlink) March 19, 2026

Structurally, SAFO it’s a traditional fund, just with a tokenized wrapper: it’s designed for corporate treasury and collateral management, an “on‑chain cash parking” with low risk and overnight liquidity. The fund invests using fully collateralized total return swaps with top‑tier banks, aiming to deliver stable yields slightly above risk‑free rates while still letting investors get their money back on an overnight basis. It supports multiple currencies (EUR, USD, GBP, CHF) and can be subscribed from as little as 1 unit, which is unusually low for institutional‑grade cash products.

The firm highlighted that the fund enables almost immediate settlement, supports multiple ways to hold assets, provides live visibility into the shareholder register, and allows fund shares to move globally around the clock, with automated access through APIs or smart contracts.

In the statement, 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.

Where Ethereum Comes In

The shareholder register and fund shares live on Ethereum and Stellar, with Ethereum chosen for its smart‑contract and DeFi composability, while Stellar supports faster, lower‑cost transfers and 24/7 transferability of fund units. Chainlink’s network of data providers puts SAFO’s fund value directly on the blockchain and acts as the connector between Ethereum, Stellar, and traditional systems. This gives tokenized funds a secure, standardized way to share information, building on tests Chainlink has already run with DTCC and other major institutions.

SAFO is Amundi’s second tokenized fund in a few months. Back in November, the fund rolled out a tokenized share class of a money market fund on Ethereum, working together with CACEIS, one of Europe’s top asset-servicing providers and transfer agents, as reported by Bitcoinist.

Amundi’s new venture adds to a growing universe of tokenized money‑market products from players like BlackRock, the world’s largest asset manager, and Franklin Templeton, and reinforcing Ethereum’s position as the primary settlement layer for institutional RWAs.

A €2.3 trillion incumbent plugging into Ethereum and Chainlink cements the thesis that the next leg of the crypto cycle is driven by tokenized cash, bonds, and funds rather than purely speculative DeFi.

ETH trades for $2k on the daily chart. Source: ETHUSDT on Tradingview

Cover image from Perplexity, ETHUSDT chart from Tradingview

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• Galaxy Digital CEO predicts Bitcoin ETF approval by Jan 10, citing market dynamics and SEC urgency.
• Everlodge disrupts real estate with blockchain and fractional ownership.
• Everlodge’s ELDG token features discounts, rewards, and staking; the Beta presale stage attracts investor attention.

Galaxy Digital CEO Michael Novogratz’s recent insights into the highly anticipated Bitcoin ETF approval set the stage for a dynamic landscape for Bitcoin (BTC) and the entire crypto market.

As Bitcoin continues to make waves, Everlodge, a unique property marketplace, enters the fray with an innovative approach to fractional vacation home ownership. This article delves into Novogratz’s predictions, the significance of January 10th, and why the Everlodge presale is capturing attention as a promising investment opportunity.

Bitcoin ETF approval anticipation 

Michael Novogratz, the CEO of Galaxy Digital, has sparked excitement in the cryptocurrency community with his bold prediction regarding the approval of spot Bitcoin exchange-traded funds (ETFs) by the US Securities and Exchange Commission (SEC). In a recent CNBC interview, Novogratz pointed out Bitcoin’s remarkable 150% surge over the past year, attributing this bullish trend to the Federal Reserve’s dovish stance.

The anticipation revolves around the critical date of January 10th, a potential deadline with legal implications. Novogratz confidently stated, “We’re gonna get this ETF before Jan. 10.” He underscored the urgency tied to SEC Chair Gary Gensler and potential legal repercussions involving Grayscale, adding a layer of significance to this anticipated milestone.

“The Fed’s pivot is really important. That press conference was as dovish as anybody expected and the markets are behaving that way,” says @Novogratz. “#Crypto likes it. We are going to get this ETF before January 10.” pic.twitter.com/Tu7uSHiPcV

— Squawk Box (@SquawkCNBC) December 19, 2023

Everlodge: revolutionizing fractional vacation home ownership

Transitioning from the dynamic Bitcoin landscape, Everlodge emerges as a disruptive force in the real estate market.

Everlodge positions itself as a property marketplace that allows users to fractionally invest in hotels, vacation homes, and luxury villas, leveraging blockchain technology. What sets Everlodge apart is its integration of fractional vacation home ownership, timeshare, and NFT technology, creating a unique amalgamation of traditional and cutting-edge approaches. It digitizes and fractionalizes real estate, allowing users to invest in smaller amounts while enjoying the potential for value appreciation.

Everlodge is currently in the presale stage of its native token, EDLG, which has become a focal point for investors seeking diverse investment opportunities. The EDLG presale, currently in its Beta stage, offers a unique chance to get involved in the world’s first property marketplace for fractional vacation home ownership.

The ELDG token offers holders discounts on property purchases, rewards in the form of free nightly stays, and staking opportunities for fixed monthly interest. The Everlodge ecosystem, comprising a marketplace, launchpad, rewards club, and lending platform, adds layers of utility to the token.

Conclusion

Novogratz’s optimism extends to the regulatory front. While acknowledging hurdles posed by certain politicians and corporate leaders, including Elizabeth Warren and the Biden White House, he sees potential progress through a bipartisan group.

The convergence of Galaxy Digital’s Bitcoin ETF predictions and Everlodge’s groundbreaking approach to property ownership sets the stage for a dynamic period in the financial and real estate markets. Investors and enthusiasts alike are navigating this landscape with cautious optimism, looking towards January 10th and beyond.