GBP / tokenized money market fund

Spiko Amundi Overnight Swap Fund, GBP share class (marketed as Spiko Pound / Smart Cash GBP)

issued by Spiko Amundi Overnight Swap Fund (SAFO); asset manager Amundi; Spiko is transfer agent and broker. inferred

4.17%

published yield

n/d

size

not established

can you hold it

The terms

Issuer: Spiko Amundi Overnight Swap Fund (SAFO); asset manager Amundi; Spiko is transfer agent and broker
Jurisdiction: France (AMF-authorised UCITS; ISIN FR0014015LF8)
Chains: Ethereum, Stellar
Contracts: No contract address could be established from public sources. That is a disclosure gap on the issuer, and it is recorded as one.
Yield basis: 30-day net yield on the 'Smart Cash GBP' line of Spiko's own open-data dashboard. Structure targets SONIA plus a spread of over 0.25%, net of fees, accrued and paid daily by the swap counterparty (BNP Paribas). source
Size: Not disclosed on any source we could read. source
Minimum: £1 subscription and £1 redemption
Who may hold it: Amundi's release describes SAFO as targeting professional investors, corporates and financial institutions of all sizes, currently available to eligible investors through the Spiko app with plans to broaden access via API distribution. source
Redemption: Overnight liquidity, T+1. No deposit or withdrawal fees. source
Cost to enter: 0.30% annual management fee; no account maintenance, deposit, withdrawal or custody fees
Transferability: Not established. No issuer document or explorer we could read says whether this token can be transferred, so we cannot tell you whether you would be able to hold it.
Secondary liquidity: None found.

What we think you should know

AUM is £22.45m with 169 users per Spiko's own dashboard on 2026-08-05; I did not convert to USD so aum_usd is null rather than a silent estimate. Confidence is 'inferred' specifically on the on-chain claim: Amundi's own announcement (2026-03-18) states SAFO's shareholder register is hosted on Ethereum and Stellar with Chainlink recording NAV on-chain, and advertises 24/7 transferability of fund shares and smart-contract access, but I could find NO deployed token contract for the GBP share class. CoinGecko lists contract addresses only for the USD share class. Spiko's own retail-facing 'Spiko Pound' page does not present it as a tokenized product at all. So the fund is verified, the GBP share class is verified, and the tokenized register is verified at fund level; the existence of a live GBP-class token on chain is inferred, not seen. Separately: Spiko's per-currency product pages both rendered a 'current net yield' of 2.21% for GBP and for CHF, which cannot both be right, I treated those page figures as unreliable placeholders and used the dashboard instead. Fund launch date 2026-03-03. Underlying is a fully collateralised total return swap with a G-SIB counterparty, not direct gilt holdings.

Sources

Other GBP instruments

Instrument	Ccy	Type	Yield	Size	Access	Confidence
Spiko UK T-Bills Money Market Fund (GBP share class) UKTBL	GBP	tokenized money market fund	3.45%	$18.56M	not established	verified
abrdn Liquidity Fund (Lux), Sterling Fund, tokenised via Archax AAGLF	GBP	tokenized money market fund	not published	$3.45M	allowlist + KYC	verified
State Street GBP Liquidity LVNAV Fund, tokenised via Archax ASGLF	GBP	tokenized money market fund	not published	$373.39k	allowlist + KYC	verified
Etherfuse GILTS Stablebond GILTS	GBP	tokenized government debt	3.48%	$82.37k	not established	verified