Spiko Amundi Overnight Swap Fund (GBP)

Spiko Amundi Overnight Swap Fund (GBP), represented by the token GBPSAFO, is a tokenized version of a regulated UCITS fund co-created by Spiko and Amundi, Europe's largest asset manager, and supervised by the French financial regulator AMF. It is designed for investors who want exposure to a GBP-denominated, short-term money-market-style return through a blockchain-based share, accessible from as little as 1 GBP. The product aims to make regulated, institutional-grade fund access available in a digital, on-chain format.

Each GBPSAFO token represents a share in the underlying UCITS fund, whose shareholder register is recorded on multiple blockchains including Ethereum, Polygon PoS, Arbitrum One, Starknet, Base, Etherlink, and Stellar, giving the token its legal and operational standing. The fund seeks returns above the SONIA overnight benchmark by entering fully collateralized total return swaps with banks, starting with BNP Paribas, while keeping liquidity on an overnight basis. On-chain net asset value data is delivered through Chainlink oracle feeds, CACEIS acts as depositary bank, and PwC audits the fund.

The data provided does not include a fee rate or a protocol revenue figure, so no fee-based measures such as price-to-fees ratios are available for this asset on this site. The fund's returns are generated by the spread between the SONIA benchmark and the terms of its total return swaps, with the economics of that arrangement governed by the fund's prospectus rather than an on-chain fee mechanism. Investors bear whatever management and operational costs Amundi and Spiko apply at the fund level, but those figures are not present in the data stored here.