Key Takeaways
A Chainlink-integrated real-world asset fund from Amundi and Spiko has attracted over $400 million in assets in just three weeks, marking a significant milestone for institutional products on-chain.
According to project data, the growth makes SAFO the fastest-growing tokenized fund on Chainlink's platform. The fund, which tokenizes real-world assets, operates across both the Ethereum and Stellar blockchains, showcasing cross-chain functionality.
The fund utilizes Chainlink's Cross-Chain Interoperability Protocol (CCIP) for automated net asset value reporting and transparent data flow. Amid the milestone, Chainlink's native token LINK saw a modest gain, rising approximately 1.28 percent to $9.00 as of 09:31 UTC, per CoinGecko data.
The rapid intake for the SAFO fund highlights the increasing demand for tokenized real-world assets (RWAs), a sector where Chainlink is positioning itself as key infrastructure. This success could serve as a proof point for other traditional financial institutions considering on-chain asset management, potentially driving further protocol adoption and bringing more RWA products to chains like Ethereum and Avalanche.
This article is for informational purposes only and does not constitute investment advice.
