Spiko’s SAFO Fund Reached $2.38 Billion, Ahead of BlackRock’s BUIDL

Spiko’s SAFO fund had $2.38 billion in assets under management by late October 2026, putting it ahead of BlackRock’s BUIDL in the market for tokenized U.S. government money-market and Treasury products.

Franklin Templeton had about $2.5 billion in tokenized money-market funds by late 2026. SAFO’s assets were in the same general range, though the figures cover one Spiko fund and Franklin Templeton’s broader group of tokenized money-market funds.

Tokenized U.S. government money-market and Treasury products were estimated at about $38 billion earlier in 2026. SAFO’s position relative to BUIDL was a snapshot from late October 2026.