Amundi Solana UCITS Fund SAFO is launched as Europe's largest asset supervisor, bringing €2.4 trillion in belongings beneath administration to the chain.
Amundi and Spiko Finance, which handle €2.4 trillion in belongings, introduced the launch of SAFO on Solana to deliver UCITS-compliant tokenized funds to the eighth blockchain. Spiko Finance will act because the switch agent, tokenization platform and dealer, whereas Amundi's custodian affiliate CACEIS shall be liable for deposit and fund administration.
SAFO shall be formally established as a tokenized sub-fund beneath the SPIKO SICAV authorized entity and shall be topic to French regulatory oversight by the AMF. The Fund implements whole return swap contracts with full help from Tier 1 banking establishments, together with BNP Paribas. Subscriptions and redemptions are denominated in EUR, USD, GBP and CHF, with a minimal funding of 1 unit per foreign money class.
Amundi and Spiko Finance launch first UCITS fund on Solana @Amundi_ENG, Europe's largest asset supervisor with €2.4 trillion in belongings beneath administration, launches a natively UCITS-compliant fund on @Solana in partnership with @Spiko_finance.
This groundbreaking implementation brings institutional stage funding… pic.twitter.com/9q7X8gZhim
— BSCN (@BSCNews) Could 15, 2026
Why Amundi's entry into Solana alerts structural change
The announcement comes because the U.S. Solana Spot ETF surpasses $1 billion in belongings beneath administration and the institutional adoption story compresses from simply the U.S. to throughout the Atlantic. Crypto.information tracks round 30 establishments with roughly $540 million in Solana ETF publicity as of March 2026, a determine that shall be supplemented from the European facet by Amundi's transfer.
This timing makes a noticeable distinction. Goldman Sachs just lately lowered its publicity to SOL, however Amundi stays lengthy, creating the form of two-sided institutional narrative that tends to construct structural demand over time. Crypto.information additionally famous that institutional traders are including to positions within the Solana ETF because the regulated wrapper lowers the barrier for conservative allocators.
What SAFO provides to your current UCITS product surroundings
The UCITS framework permits SAFOs to be distributed throughout all EU member states beneath a single regulatory construction, eliminating cross-border compliance frictions which have beforehand stored European institutional traders away from on-chain merchandise. On the time of growth in March 2026, the fund had roughly $100 million in dedicated AUM throughout its seven current blockchain deployments.
Solana was chosen for its transaction throughput and rising organizational infrastructure base. Crypto.information reported that Morgan Stanley is resubmitting its utility for the Solana ETF, through which it owns shares, and that the entry into Amundi UCITS signifies simultaneous strain from each US and European institutional channels.
