Chainlink LINK Whales Accumulate 3.12M Tokens as Amundi Launches Tokenized Fund on Its Network
Europe's largest asset manager, Amundi, with €2.3 trillion in assets under management, has partnered with fintech platform Spiko to launch SAFO, a tokenized mutual fund. The initiative merges traditional fund expertise with blockchain technology, offering investors a secure and efficient gateway to tokenized assets.
Powered by Chainlink, SAFO utilizes decentralized oracles to ensure transparent issuance and distribution of tokenized shares. This collaboration underscores how tokenization is reshaping Europe's financial landscape, bridging conventional asset management with blockchain innovation.
Meanwhile, LINK whales have accumulated an additional 3.12 million tokens, elevating total whale holdings from 275 million to 279.68 million. This accumulation suggests institutional players are capitalizing on price dips, signaling long-term confidence in Chainlink's fundamentals.