🚨 Amundi just made tokenized funds harder to ignore.
Europe’s largest asset manager, with about €2.3T AUM, has launched SAFO, a tokenized fund with $100M in committed AUM. The fund’s shareholder register is live on Ethereum and Stellar, while Chainlink is being used to record NAV onchain.
What matters here is not the headline alone.
It’s that a major traditional asset manager is now using public blockchain infrastructure for a regulated fund structure aimed at treasury and collateral use cases. That’s a bigger signal than most tokenization pilots we’ve seen. Amundi says SAFO offers 24/7 transferability, near-instant settlement, and API or smart-contract access.
⚡️ My view: tokenization starts to matter when big institutions stop treating blockchain like a side experiment and start using it as real financial plumbing.