Spiko Raises $90M as Its Tokenized Funds Hit $2.7B
The funding brings total capital to $120 million as the company expands new funds, markets and hiring while reporting more than 10,000 users.
- On Tuesday, October 6, 2026, Spiko announced a $90 million Series B funding round led by New Enterprise Associates, bringing total funding to $120 million as assets under management climbed to $2.7 billion.
- The company's assets under management grew more than fivefold over the past 12 months, with more than 10,000 users across 25 jurisdictions now using its funds. Spiko competes with major issuers BlackRock and Franklin Templeton in the tokenized cash market.
- Spiko's regulated funds, authorized by France's Autorité des Marchés Financiers, utilize blockchain tokens. Through partnership with Amundi Asset Management, the firm launched the Spiko Amundi Overnight Swap Fund, or SAFO, to manage investment strategies.
- New capital will fund product development, staff hiring, and expansion into Germany, Italy, Spain, the Netherlands, and Nordic countries. NEA Managing Director and Head of Europe Philip Chopin said the firm examined "dozens of companies" before investing.
- Financial platforms integrate these treasury-backed products through an API to provide 24/7 liquidity access. CEO Paul-Adrien Hyppolite stated the company's long-term objective is to make cash generate yield "by default, around the clock.
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Spiko raises $90M led by NEA as its cash funds reach $2.7bn
Spiko, a Paris and London company that issues tokenised cash funds, has taken its total funding to $120 million, it said in a statement on Tuesday. New Enterprise Associates (NEA) led the $90 million Series B. Index Ventures, Bpifrance, Speedinvest, Flourish Ventures, Shapers and White Star Capital took part. So did Blockwall, Frst, EQNX, Mirana […] This story continues at The Next Web
Spiko Raises $90M as Tokenized Cash Funds Hit $2.7B AUM
Spiko has raised $90 million in a Series B led by New Enterprise Associates as the London- and Paris-based fintech expands its tokenized cash-fund business, which now manages $2.7 billion across products denominated in euros, dollars, sterling and Swiss francs.The financing brings Spiko's total capital raised to $120 million. Investors participating in the round included Index Ventures, Bpifrance, Speedinvest, Flourish Ventures, White Star Capit…
Spiko raised $90 million in Series B, bringing the total amount of financing obtained since its creation to $120 million. The tour includes NEA, Bpifrance, Index Ventures and Wintermute Ventures. The French start-up Spiko raises $90 million in Series B appeared first on Cryptoast.
The firm of Tokenized Funds closed a USD $90 million B Series led by New Enterprise Associates. Spiko will allocate capital to new products, geographic expansion and contracts. RWA.xyz shows USD $2.6 billion in asset value distributed on its platform, a metric that does not necessarily amount to assets under management reported by the company.
Paris- and London-based Spiko raises nearly €80 million to help businesses and individuals put idle cash to work
Spiko, a tokenised cash fund platform with headquarters in Paris and London, has raised €80.03 million ($90 million) in a Series B funding round. The round follows an €18.9 million Series A in July 2025, bringing its total funding raised to date to roughly €106.7 million ($120 million). The round was led by New Enterprise […]
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