SAFO already runs on Ethereum, Stellar, Polygon, Arbitrum, Base, Starknet and Etherlink, so Solana is chain eight, not a one-off experiment. The useful unlock is collateral mobility: AMF-regulated UCITS shares with overnight liquidity, Chainlink NAV, CACEIS admin and Spiko transfer-agent rails can plug into treasury workflows without asking allocators to touch meme-cycle risk. The catch is the whitelist/custody layer; if the Solana tranche can’t compose with Kamino/Jupiter-style liquidity or Securitize rails, it’s just another tokenized cash wrapper with faster settlement.

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