Europe’s largest asset manager, Amundi, is teaming up with the innovative platform Spiko and just launched the $100 million Spiko Amundi Overnight Swap Fund (SAFO) bringing blockchain to the heart of traditional finance.
What’s special is how the largest asset manager leverages Chainlink’s oracle infrastructure. Chainlink pulls the fund’s Net Asset Value (NAV) straight from Amundi and pushes it directly onto the blockchain, covering networks like Ethereum and Stellar in near real-time.
That means anyone can jump into the smart contracts and independently check the pricing data themselves. No more relying solely on reports from the fund manager; this setup delivers a whole new level of transparency and trust that investors have been craving.
LINK’s cross-chain capabilities were noticed by the largest asset manager, despite the $10 price
Chainlink’s cross-chain capabilities apparently open the door to seamless interoperability, making it easier to bring more real-world assets on-chain.
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As Johann Eid, Chief Business Officer at Chainlink, says, “Amundi, Europe’s largest asset manager, is using Chainlink for the distribution of its tokenized fund. One by one, every tokenized asset is adopting the Chainlink standard, amplifying the network effect and distribution by the day.”
Amundi currently oversees roughly €2.38 trillion in assets under management (based on the latest figures in 2025), giving this partnership real weight and reach.
On the LINK side, the momentum looks promising even if the price hasn’t quite caught fire yet. However, on-chain data shows how people are investing in it over the past month. CryptoQuant data reveals exchange reserves dipping from 130 million to 127.6 million LINK.
This is considered a classic sign that holders are pulling coins off exchanges and easing sell pressure.
U.S. spot LINK ETFs just logged their biggest daily inflow in two months, with SoSoValue reporting a hefty $3.34 million net inflow on March 19, the strongest since late January.
Still, LINK has been grinding against that stubborn $10 psychological ceiling since earlier this year. The altcoin market in general faces a downturn right now, keeping the token in a downtrend with lower highs and lower lows so far in 2025, a roughly 70% drawdown from peaks.
But with the largest asset manager, Amundi, now leaning into Chainlink for tokenized products, the fundamentals keep stacking up. If broader sentiment turns, that $10 barrier might not hold much longer.
