- Amundi and Spiko launched the $100 million Spiko Amundi Overnight Swap Fund using Chainlink to post NAV on-chain.
- Chainlink provides near-real-time NAV data on Ethereum and Stellar, and supports cross-chain consumption.
- CryptoQuant shows Chainlink exchange reserves fell from 130M to 127.6M over the past month.
- SoSoValue records a $3.34M net inflow into spot LINK ETFs on March 19, the largest since Jan 20.
Europe’s largest asset manager is bringing real-time fund transparency to the blockchain. Amundi, in partnership with tokenization platform Spiko, has launched a $100 million tokenized fund that publishes its Net Asset Value directly to smart contracts, a step that reflects growing institutional demand for verifiable, on-chain financial infrastructure.
The fund relies on Chainlink’s oracle network to deliver authenticated NAV data to contracts deployed on both Ethereum and Stellar. Any permissioned party can query the latest token price in real time, and the cross-chain architecture means the same data feed is consumable across multiple networks without manual reconciliation, reducing operational friction for multi-chain deployments.
Chainlink Becomes the Institutional Standard
Johann Eid, Chainlink’s chief business officer, placed the launch within a larger industry pattern. “Amundi, Europe’s largest asset manager, is using Chainlink for the distribution of its tokenised fund,” Eid said. “One by one, every tokenized asset is adopting the Chainlink standard, amplifying the network effect and distribution by the day.”
The integration reflects a broader shift in how traditional finance is approaching tokenization, not just as a settlement mechanism, but as a transparency tool.
Real-time on-chain NAV reporting addresses a longstanding gap between legacy fund administration and the auditability demands of blockchain-native participants. For institutional investors weighing tokenized exposure, verified on-chain pricing is quickly becoming table stakes.
LINK Price Lags the Institutional Momentum
On-chain data tells a more cautious story for token holders. Exchange reserves fell from approximately 130 million to 127.6 million over the past month, a drawdown that typically signals sustained withdrawals and a reduction in available sell-side supply. On March 19, U.S. spot LINK ETFs recorded their largest single-day inflow since January 20, pulling in $3.34 million according to SoSoValue data.
Despite those constructive signals, LINK has repeatedly failed to break above $10, a level tested multiple times since February. Since June 2025, the token has carved out a pattern of lower highs and lower lows, shedding roughly 70% from its peak. That decline tracks the broader altcoin correction, where persistent macroeconomic uncertainty and risk-off sentiment have weighed heavily on mid- and large-cap tokens alike.
Whether the combination of institutional adoption, shrinking exchange supply, and rising ETF inflows can reverse the technical trend remains the central question. For now, Amundi’s move adds another significant data point to what is becoming an unmistakable institutional endorsement of Chainlink’s infrastructure.
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