{"id":20083,"date":"2026-05-22T02:15:06","date_gmt":"2026-05-22T02:15:06","guid":{"rendered":"https:\/\/cryptoted.net\/index.php\/2026\/05\/22\/amundi-solana-ucits-fund-marks-european-first\/"},"modified":"2026-05-22T02:15:06","modified_gmt":"2026-05-22T02:15:06","slug":"amundi-solana-ucits-fund-marks-european-first","status":"publish","type":"post","link":"https:\/\/cryptoted.net\/index.php\/2026\/05\/22\/amundi-solana-ucits-fund-marks-european-first\/","title":{"rendered":"Amundi Solana UCITS fund marks European first"},"content":{"rendered":"<p> <br \/>\n<br \/><img decoding=\"async\" src=\"https:\/\/crypto.news\/app\/uploads\/2025\/05\/crypto-news-Stablecoins-Solana-option03.webp\" \/><\/p>\n<div>\n<p class=\"is-style-lead\">Amundi Solana UCITS fund SAFO launches as Europe\u2019s largest asset manager brings \u20ac2.4 trillion AUM to the chain.<\/p>\n<div id=\"cn-block-summary-block_8d3335472dac367674d53c37047b3cf6\" class=\"cn-block-summary\">\n<p>\n        <span class=\"tabs__item is-selected\">Summary<\/span>\n    <\/p>\n<div class=\"cn-block-summary__content\">\n<ul class=\"wp-block-list\">\n<li>Amundi, Europe\u2019s largest asset manager, and Spiko Finance launched SAFO, a UCITS-compliant fund on Solana, making it the eighth chain in their strategy.<\/li>\n<li>SAFO is a tokenized sub-fund under the SPIKO SICAV structure, backed by total return swaps with BNP Paribas as a Tier 1 banking counterparty.<\/li>\n<li>The launch coincides with US Solana spot ETFs crossing $1 billion in assets under management and Goldman Sachs reducing its SOL exposure.<\/li>\n<\/ul><\/div>\n<\/div>\n<p><!-- .cn-block-summary --><\/p>\n<p>Amundi, managing \u20ac2.4 trillion in assets, and Spiko Finance <a href=\"https:\/\/finance.yahoo.com\/markets\/crypto\/articles\/solana-news-amundi-breaks-solana-115539383.html\" target=\"_blank\" rel=\"nofollow\">announced<\/a> the launch of SAFO on Solana, bringing their UCITS-compliant tokenized fund to its eighth blockchain. Spiko Finance acts as transfer agent, tokenization platform and broker, while CACEIS, Amundi\u2019s custody affiliate, handles depositary and fund administration.<\/p>\n<p>SAFO is formally constituted as a tokenized sub-fund under the legal entity of SPIKO SICAV and subject to French regulatory oversight by the AMF. The fund implements total return swap contracts with full backing from Tier 1 banking entities including BNP Paribas. Subscriptions and redemptions are denominated in EUR, USD, GBP, and CHF, with a minimum investment of one unit per currency class.<\/p>\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\"\/>\n<h2 class=\"wp-block-heading\">Why Amundi\u2019s Solana entry signals a structural shift<\/h2>\n<p>The launch arrives as US Solana spot ETFs have crossed $1 billion in assets under management, compressing the institutional adoption narrative from US-only to transatlantic. Crypto.news has <a href=\"https:\/\/crypto.news\/solana-price-prediction-institutions-invest-540m\/\">tracked<\/a> about 30 institutions holding roughly $540 million in Solana ETF exposure as of March 2026, a figure that the Amundi move now supplements from the European side.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p>\n<p>The timing creates a notable divergence. Goldman Sachs recently reduced its SOL exposure while Amundi is going long, creating the kind of two-sided institutional narrative that tends to build structural demand over time. Crypto.news has also <a href=\"https:\/\/crypto.news\/dartmouth-adds-solana-etf-as-endowment-crypto-exposure-reaches-14m\/\">noted<\/a> institutional endowments adding Solana ETF positions as regulated wrappers lower the barrier for conservative allocators.<\/p>\n<h3 class=\"wp-block-heading\">What SAFO adds to the existing UCITS product landscape<\/h3>\n<p>The UCITS framework allows SAFO to be distributed across all EU member states under a single regulatory structure, removing the cross-border compliance friction that has historically kept European institutional allocators from on-chain products. At the March 2026 expansion, the fund had roughly $100 million in committed AUM across its existing seven blockchain deployments.<\/p>\n<p>Solana was chosen for its transaction throughput and growing institutional infrastructure base. Crypto.news has <a href=\"https:\/\/crypto.news\/morgan-stanley-refiles-solana-etf-with-staking-under-ticker-msolsec\/\">reported<\/a> on Morgan Stanley refiling its own staked Solana ETF application, with the Amundi UCITS entry now representing simultaneous pressure from both the US and European institutional channels.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p><\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/crypto.news\/amundi-solana-ucits-fund-marks-european-first\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Amundi Solana UCITS fund SAFO launches as Europe\u2019s largest asset manager brings \u20ac2.4 trillion AUM to the chain. Summary Amundi, Europe\u2019s largest asset manager, and Spiko Finance launched SAFO, a UCITS-compliant fund on Solana, making it the eighth chain in their strategy. SAFO is a tokenized sub-fund under the SPIKO SICAV structure, backed by total [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":20084,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"tdm_status":"","tdm_grid_status":"","footnotes":""},"categories":[23],"tags":[],"kronos_expire_date":[],"class_list":["post-20083","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-crypto"],"_links":{"self":[{"href":"https:\/\/cryptoted.net\/index.php\/wp-json\/wp\/v2\/posts\/20083","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cryptoted.net\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cryptoted.net\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cryptoted.net\/index.php\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/cryptoted.net\/index.php\/wp-json\/wp\/v2\/comments?post=20083"}],"version-history":[{"count":0,"href":"https:\/\/cryptoted.net\/index.php\/wp-json\/wp\/v2\/posts\/20083\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/cryptoted.net\/index.php\/wp-json\/wp\/v2\/media\/20084"}],"wp:attachment":[{"href":"https:\/\/cryptoted.net\/index.php\/wp-json\/wp\/v2\/media?parent=20083"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cryptoted.net\/index.php\/wp-json\/wp\/v2\/categories?post=20083"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cryptoted.net\/index.php\/wp-json\/wp\/v2\/tags?post=20083"},{"taxonomy":"kronos_expire_date","embeddable":true,"href":"https:\/\/cryptoted.net\/index.php\/wp-json\/wp\/v2\/kronos_expire_date?post=20083"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}