According to Foresight News, Solana tweeted that Europe's largest asset management company Amundi (managing about €2.3 trillion) and Spiko Finance (managing $1.7 billion) announced the expansion of the tokenized fund SAFO (Spiko Amundi Overnight Swap Fund) to Solana.

This fund previously launched in March this year on Ethereum and Stellar, with an initial scale of $100 million. SAFO is a UCITS compliant fund (EU standard open-ended fund) aimed at institutional professional investors, offering overnight swap yields and cross-chain settlement capabilities.