Spiko raises $90M Series B as tokenized cash funds hit $2.7B
Image: Crypto.newsSpiko closed a $90 million Series B funding round led by NEA on October 6, 2026, bringing total funding to roughly $120 million since its 2023 founding. Its tokenized cash funds held $2.7 billion in assets under management as of late September 2026, up from $1 billion in February 2026. The Paris fintech issues tokenized money market fund shares on public blockchains, backed by Eurozone and US Treasury bills or collateralized swaps. It will use the new capital for European and US expansion, plus new tokenized cash and yield products.
Key points
- Spiko's tokenized cash funds held $2.7 billion in assets under management as of late September 2026.
- The company issues tokenized money market fund shares on public blockchains backed by sovereign T-bills or collateralized swaps.
- Spiko plans to use the new capital for European and US expansion and new tokenized cash and yield products.
Why it matters
The funding and AUM growth show rising institutional and business adoption of tokenized cash funds, which offer 24/7 access to yield via public blockchain infrastructure.
Sources · 3 publishers
The Block
Tier 1
Spiko raises $90 million to expand tokenized cash funds across markets
Crypto.news
Tier 2
Spiko raises $90M as its tokenized funds hit $2.7B
Coverage timeline
- First reported by Crypto Briefing
- Confirmed by The Block
- CryptoVideos brief published
How this brief was made. Our system found this event in 3 independent publications, summarised two complete reports with AI and checked every number above against the source text. Sources are linked in full. Not financial advice. Report an error
