Spiko Amundi Overnight Swap Fund (GBP)

The Spiko Amundi Overnight Swap Fund GBP share class, represented by the token GBPSAFO, is a tokenized UCITS fund created by Spiko in partnership with Amundi, described as Europe's largest asset manager. It is designed to give investors on-chain access to a regulated, short-duration sterling fund that targets yields above the SONIA overnight benchmark, with subscriptions available from as little as 1 GBP. The product is aimed at individuals and institutions who want to hold a regulated, liquid fund vehicle through blockchain infrastructure rather than traditional fund administration channels.

The fund generates returns through fully collateralized total return swaps with banks, starting with BNP Paribas, and maintains overnight liquidity so that the underlying exposure can be unwound quickly. The GBPSAFO token represents a share in this UCITS fund, and the authoritative shareholder register is recorded across multiple blockchains — Ethereum, Polygon PoS, Arbitrum One, Starknet, Base, Etherlink, and Stellar — with Chainlink providing on-chain net asset value oracle feeds. CACEIS, part of the Crédit Agricole group, acts as depositary bank, PwC serves as auditor, and the fund is supervised by the French financial regulator, the AMF.

The data stored on this site does not include a fee rate or protocol revenue figure for GBPSAFO, so no fee-based measures are available here. The fund's economic return to shareholders comes from the yield generated by the total return swaps above the SONIA benchmark, but the precise fee structure charged by Spiko or Amundi is not captured in the figures provided. The circulating supply stands at approximately 36,364,814 tokens at a price of 1.35 USD, giving a market capitalisation of roughly 49,247,950 USD at the point-in-time recorded; the fully diluted valuation equals the market cap exactly, reflecting that 100 percent of issued supply is already in circulation with no additional supply pending.