Spiko Amundi Overnight Swap Fund (EUR)
EURSAFO
$1.14
Current Price
-0.01%
24h Change
Info
EURSAFO
Symbol
$1.80B
Fully Diluted Valuation
$1.80B
Market Cap
53
Market Rank
1.58B
Total Supply
N/A
Total Volume
$1.14
24h High
$1.14
24h Low
About Spiko Amundi Overnight Swap Fund (EUR)
The Spiko Amundi Overnight Swap Fund (SAFO), specifically the EUR share class (eurSAFO), represents a groundbreaking approach in tokenized finance, created through a partnership between Spiko and Amundi, Europe's leading asset manager. This tokenized UCITS fund is designed to provide investors with stable yields that exceed the €STR benchmark. It achieves this through fully collateralized total return swaps with top-tier banks, initially including BNP Paribas. The fund offers the advantage of overnight liquidity, allowing investors to participate with a minimum investment of just 1 EUR. Ensuring transparency and security, the shareholder register is maintained across multiple blockchain platforms, including Ethereum, Polygon PoS, Arbitrum One, Starknet, Base, Etherlink, and Stellar. In terms of infrastructure and oversight, the fund is supported by a robust ecosystem. CACEIS, part of the Crédit Agricole group, serves as the depositary bank, while PwC provides auditing services, ensuring compliance and reliability. To maintain accurate and timely valuations, Chainlink is employed for on-chain NAV oracle feeds. The entire operation is supervised by the French AMF, ensuring adherence to stringent regulatory standards. This comprehensive setup not only enhances investor confidence but also positions the eurSAFO as a pioneering instrument in the intersection of traditional finance and blockchain technology, offering innovative solutions to liquidity and yield optimization challenges.
Start trading Spiko Amundi Overnight Swap Fund (EUR) (EURSAFO) on Backpack Exchange with competitive fees and advanced trading tools.
FAQ
Information on this page is provided for informational purposes only and does not constitute investment advice. This is not a recommendation to buy or sell any digital asset or to employ any particular investment strategy. Backpack makes no representation as to the accuracy, suitability, or validity of the information provided.
Certain content is sourced from third parties not affiliated with Backpack. Backpack is not responsible for such content, nor is it liable for any errors, delays, or actions taken in reliance on it. Prices and data are for illustrative purposes only and may differ from actual market values. Digital assets involve significant risk and can fluctuate substantially. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition, and consult your own professional advisors for legal, tax, or investment guidance.
Buy Spiko Amundi Overnight Swap Fund (EUR) with the Backpack App
Download Backpack to buy, sell and manage your crypto on the go
Top Movers
