Spiko Raises $22M Series A to Scale Tokenized Money Market Funds
As reported by BlockBeats, Spiko — a platform focused on tokenized money market funds — has secured $22 million in a successful Series A funding round.
💼 Led by: Index Ventures
💸 Participants: White Star Capital, Frst, Rerail, Bpifrance, Blockwall
Spiko is helping European businesses earn daily yield on cash through tokenized funds, aiming to bridge the yield gap between Europe and the U.S.
📊 The company expects its assets under management (AUM) to hit $1 billion by year-end.
