Spiko is a platform providing tokenized money market funds, allowing users to invest in US Treasury Bills and Europe directly on the Blockchain with high liquidity and low management fees.
This platform operates transparently, regulated by European financial authorities, integrated with Chainlink, and supports multi-chain, allowing investors to enjoy stable returns while self-custodying their assets.
MAIN CONTENT
Spiko tokenizes money market funds, investing in US and European Treasury Bills, approved by the AMF.
Users can deposit/withdraw cash or Stablecoin daily, with no penalty fees, and self-custody their assets.
Achieving 400 million USD AUM in the first year, Spiko aims for 1 billion USD by the end of the year with support from multiple partners.
What is Spiko?
Spiko is a financial platform that combines Blockchain and traditional capital markets, providing tokenized money market funds (MMF) for investment in US Treasury Bills and Europe.
This platform stands out for being tightly managed by the AMF, complying with UCITS and MMFR, while offering two main products: Spiko Euro (EUTBL) and Spiko Dollar (USTBL). This is a step forward in safely bringing traditional assets onchain.
What distinctive feature does Spiko offer?
Spiko offers a combination of stable yields from Treasury Bills and instant liquidity on the Blockchain, making it easy for both individual and institutional investors to access.
Key features include: compliance with European regulations, daily liquidity, Chainlink integration, low management fees (0.25% per year), and the ability to self-custody assets.
According to Spiko's report in 2025, USTBL offers an APY of 4.37%, competing with many short-term investment channels.
"Our goal is to build a safe bridge between traditional money and Blockchain, where users can control their assets while earning stable yields."
Paul-Adrien Hyppolite, CEO of Spiko, 2025
How does Spiko operate?
Spiko operates based on a three-step process: deposit funds, invest in Treasury Bills, and withdraw flexibly at any time.
Users can deposit cash or Stablecoin from a bank or onchain wallet directly to the custodian bank Caceis.
Then, the fund invests entirely in short-term US or Eurozone Treasury Bills. Interest is calculated daily, transparently updated via Chainlink, and users can easily withdraw funds without fees.
What are the daily liquidity benefits of Spiko?
Unlike many traditional investment channels, Spiko allows daily withdrawals without prior notice or penalty.
This advantage comes from the fund investing in short-term Treasury Bills (under 6 months) from the US, Germany, and France. This is an ideal choice for investors needing high flexibility, especially for cash flow management organizations.
Why is Chainlink important for Spiko?
Chainlink helps Spiko publish NAV data onchain daily and supports Crosschain via CCIP, ensuring transparency and interoperability.
Previously, investors wanting to move tokens between chains had to redeem and register again. Now, thanks to CCIP, the transfer of shares between Ethereum, Arbitrum, and Polygon occurs directly, saving costs and time.
"The combination of Chainlink and Spiko demonstrates how decentralized data infrastructure can drive the development of onchain finance."
Chainlink Labs Report, 2024
Is Spiko's management fee competitive?
Spiko applies a management fee of only 0.25% per year, calculated daily from the yield of Treasury Bills and automatically reinvested.
No additional transaction or withdrawal fees, Spiko becomes an attractive option compared to traditional funds. According to Bloomberg (2024), the average fees of European MMF funds range from 0.35% to 0.5% per year, higher than Spiko.
Is Spiko safe for users?
Spiko does not directly hold users' money; all assets are custodied at Caceis bank, part of Crédit Agricole.
This approach helps mitigate risk and increase transparency. Additionally, users can self-custody tokens (EUTBL/USTBL) directly in their personal wallets, ensuring absolute ownership.
What are Spiko's financial achievements to date?
In its first year, Spiko achieved 400 million USD in assets under management (AUM), an impressive figure for a new Fintech platform.
Spiko aims for 1 billion USD AUM by the end of 2025, with strong expansion in the European market. The company has partnered with Fygr and Memo Bank to expand product distribution.
"In just one year, Spiko has demonstrated a high demand for onchain money market funds in Europe."
Index Ventures, Series A investment report, 2025
Who are the founders of Spiko?
Spiko was co-founded by Paul-Adrien Hyppolite (CEO) and Antoine Michon, both with backgrounds in public policy and financial markets in France.
They left their jobs in government to start a business, aiming to restructure capital market infrastructure with tokenized funds.
Paul-Adrien previously worked at ArianeGroup, while Antoine has experience in Corps des Mines and the French government.
How has Spiko raised funds?
On July 17, 2025, Spiko successfully raised 22 million USD in a Series A round led by Index Ventures.
Participating investors include White Star Capital, Blockwall, Bpifrance, Frst, and Rerail. This funding helps Spiko expand its products and accelerate its path to achieving 1 billion USD AUM.
Frequently Asked Questions
Is Spiko suitable for individuals holding Stablecoin?
Yes. Spiko allows self-custody of tokens and daily withdrawals, suitable for Stablecoin holders looking for safe yields.
Does Spiko require a minimum deposit?
Yes. The minimum initial deposit is 1,000 EUR/USD, then from 1 EUR/USD.
How does Spiko differ from traditional MMF?
Spiko tokenizes MMF funds on the Blockchain, supports multi-chain, offers onchain transparency and instant withdrawals with no penalty fees.
Is Spiko subject to regulatory oversight?
Yes. The platform is approved by the AMF (France), complies with UCITS and MMFR, and the assets are custodied at Caceis.
What is Spiko's current interest rate?
USTBL provides an APY of about 4.37% after management fees, calculated daily and reinvested.
Source: https://tintucbitcoin.com/spiko-la-gi/
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