Spiko said SAFO had $2.39 billion in assets under management on Oct. 27, ranking ahead of BlackRock’s BUIDL in its comparison of three tokenized funds.
The company said SAFO passed BUIDL on Oct. 19. In its Oct. 27 snapshot, BUIDL had $2.19 billion and Circle’s USYC $2.37 billion.
More than 10,000 businesses and individuals held SAFO; Spiko said businesses accounted for nearly 90% of its assets.
An earlier EconoTimes report on SAFO’s Oct. 23 tally and Stellar holdings put its AUM at $2.38 billion, with $1.65 billion recorded on Stellar.
