Tokenized Fund Startup Spiko Raised $90 Million
The London and Paris-based firm intends to use the capital to challenge established leaders in the tokenized cash sector.
Updated on Oct. 6, 2026 in Startups
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Spiko has successfully secured $90 million in equity funding to accelerate its growth. The company, which maintains headquarters in London and Paris, currently manages $2.7 billion in assets across its suite of tokenized cash products.
Why it matters
This infusion of capital provides Spiko with the resources necessary to scale its operations and directly compete with larger, incumbent firms in the tokenized finance market.
Spiko has raised $90 million in total equity funding. The company now oversees $2.7 billion in assets under management across its entire product line.
The players
Spiko
Spiko is a financial technology company based in London and Paris that specializes in building and managing tokenized cash funds.
The details
The firm focuses on developing tokenized cash funds, a specialized corner of the financial technology sector. This latest round of investment is designed to bolster the company's competitive standing against major sector heavyweights.
Timeline
October 6, 2026: Spiko announced the closure of its latest equity funding round.
Market Landscape
This funding round highlights the intense competition within the nascent tokenized finance market as firms race to capture institutional and retail interest. By scaling its assets to $2.7 billion, Spiko is positioning itself to challenge larger, more established financial entities in this sector.
Investors and clients may see increased product availability and expanded features as Spiko utilizes its new capital to scale its offerings. The growth of such firms often correlates with improved digital asset infrastructure and more competitive service options for users.
The takeaway
The rise of tokenized cash funds reflects a major shift in how traditional cash-equivalent assets are managed and traded digitally. This trend offers a glimpse into a future where high-liquidity financial products are increasingly integrated into decentralized finance ecosystems.
Further reading
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