CapitalAdoption$2.38B
Spiko Finance SAS SAFO Reaches $2.38B, Tops USYC and BUIDL
Spiko Finance's SAFO reaches $2.38 billion in total assets under management, reportedly surpassing major market benchmarks like Hashnote's USYC and BlackRock's BUIDL in nominal scale.
So what
This scale shift alters the competitive landscape for on-chain yield products, challenging the dominance of US-centric tokenized vehicles. For institutional allocators, the emergence of multi-billion-dollar European alternatives provides critical diversification away from single-issuer concentration risks.