Spiko Reports $2.38B in SAFO as Tokenized Cash Funds Reach Business Treasuries

TL;DR Spiko reported $2.38 billion in SAFO using October 23 data. The product uses a fund structure rather than a bank deposit. Tokenized ownership and cash redemption are separate functions. Spiko has reported $2.38 billion in the Spiko Amundi Overnight Swap Fund, or SAFO, highlighting the growing role of tokenized investment products in business cash management. The figure appears in an October 29 issuer announcement using data as of October 23. The release promotes a ranking against other tokenized funds. A more useful starting point for readers is the dated asset figure and the product’s structure, because fund comparisons depend on the assets included, valuation dates and definitions being used. Cash management is a specific investment job A business managing spare liquidity usually wants more than the highest advertised return.

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