Chainlink's SAFO fund, launched by Amundi and Spiko, has surpassed $400 million in assets under management just three weeks after its inception, marking it as the fastest-growing tokenized fund on Chainlink's infrastructure. The fund operates across Ethereum and Stellar, utilizing Chainlink's automated net asset value reporting and cross-chain data flow for real-time transparency.
Despite this milestone, Chainlink's token, LINK, saw a modest increase of 1.28%, reaching $9.02 before stabilizing. The market reaction was cautious, with futures volume dropping over 38% and open interest slightly declining, indicating a measured response from traders. The rapid growth of SAFO highlights the potential for institutional-style tokenized finance to scale quickly, positioning Chainlink as a key infrastructure provider in this evolving financial landscape.
Chainlink's SAFO Fund Surpasses $400M in Record Time
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