✉news BusinessStartups first seen 12 h ago, last 3 h ago, peak #14
Tokenized Cash Startup Spiko Raises $90 Million
Original: Tokenized Cash Startup Spiko Raises $90 Million to Take On US Giants
French tokenized money market fund startup Spiko has raised $90 million to expand its regulated on-chain cash products and compete with major US players in the fast-growing tokenization space. The funding round, reported by Bloomberg, signals growing investor appetite for startups bringing money market funds onto blockchain rails as financial institutions increasingly explore tokenized cash equivalents.
Why now: Fresh funding news highlights rising investor interest in tokenized cash and competition between European and US fintech firms.
Evidence
- Tokenized Cash Startup Spiko Raises $90 Million to Take On US Giants · Bloomberg.com
- Tokenized Cash Startup Spiko Raises $90 Million to Take On US Giants · bloomberg.com
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