Meet Spiko, the largest tokenized fund in the world you’ve probably never heard about
Not investment advice. Muhabbit scores how much a story may matter, not which way to trade.
The milestone underscores how tokenized cash-management products are scaling into billion-dollar vehicles even as most on-chain activity remains concentrated in a handful of issuers. Spiko’s growth signals rising institutional appetite for yield-bearing funds wrapped in token form rather than speculative crypto assets. Watch whether SAFO’s AUM continues climbing past the $2.4 billion mark and whether competing tokenized treasury and money-market funds narrow the gap.
Muhabbit's AI wrote this summary in its own words from CoinDesk's report. It can get details wrong, so check the source.
Named in this story
Spiko Amundi Overnight Swap Fund (SAFO), Spiko, Amundi