Amundi, Europe's largest asset manager with €2.4 trillion AUM, and Spiko Finance have launched SAFO, a UCITS-compliant tokenized fund on the Solana blockchain. SAFO operates as a sub-fund under the SPIKO SICAV structure, backed by total return swaps with BNP Paribas as a Tier 1 banking counterparty, and is regulated under French law. This launch expands Amundi's blockchain strategy to eight chains and coincides with growing institutional interest in Solana, highlighted by US Solana ETFs surpassing $1 billion in assets. The fund's UCITS status allows seamless distribution across the EU, reducing compliance barriers for institutional investors and signaling a structural shift toward broader European adoption of blockchain-based investment products.
Solana (SOL) saw a 3.5% price increase over four hours, reaching $97.78 on Binance's SOL/USDT spot market as of early Oct. 30. Despite this short-term gain, SOL was still down 2.72% over the previous 24 hours. During a separate one-hour period, short...
Solana (SOL), the seventh-largest cryptocurrency by market cap, increased 2.20% to $95.82 in one hour as measured on Binance's SOL/USDT spot pair. During the same hour, short liquidations across Binance, Bybit, and OKX totaled $870,000, far exceeding...
Solana (SOL) experienced a significant price drop, falling below the $95 mark with an 8.1% decline over the past 24 hours. This notable decrease highlights increased selling pressure or negative sentiment in the market for SOL. The fall below this ke...
Solana (SOL) experienced a significant price decline, dropping 5.27% within four hours to $94.04 and extending its 24-hour loss to 8.16%. This sharp decrease triggered $12.46 million in long position liquidations across major exchanges Binance, Bybit...
Solana's price dropped below $100 following a suspected hack on Binance, which led to $628 million in liquidations, mostly on leveraged long positions. Although no Solana tokens were stolen, the market sell-off affected SOL due to its trading pairs w...
