European asset management giant Amundi launches $100 million tokenized fund on Ethereum and Stellar blockchain

Odaily Planet Daily reports that European asset management giant Amundi has announced the launch of a $100 million tokenized fund, Spiko Amundi Overnight Swap Fund (SAFO), on Ethereum and Stellar chains. The fund is designed for institutional funds and collateral management, providing overnight liquidity through collateral yield swaps with major banking counterparties. Its subscriptions and redemptions support mainstream fiat currencies such as euro, US dollar, British pound, and Swiss franc. (News.bitcoin)

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