[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]  Sam Boboev [@samboboev](/creator/twitter/samboboev) on x XXX followers Created: 2025-07-18 09:00:01 UTC 🚨 GROWTH: Spiko Raises $22M, led by Index Ventures, to democratise access to treasury yields, after hitting $400m in AUM in first year Spiko has today announced $XX million in Series A funding led by Index Ventures, with participation from White Star Capital, Frst, Rerail, Blockwall and Bpifrance’s Digital Venture Fund. The round was supported by notable angels, including Revolut co-founder Nikolay Storonsky, Kyriba founder Jean-Luc Robert, Bridge co-founder Zach Abrams, Wise CTO Harsh Sinha, Blackstone co-CIO Lionel Assant and Pennylane’s founding team. As of today, $XX trillion sits idly in European bank deposits, missing out on yields, capital efficiency, and essential capital protection. This stands in contrast to the US, where the ecosystem for managing liquidity is far more developed, with US businesses of all sizes routinely earning interest on their cash holdings, without sacrificing liquidity. As a result, there's a growing trend in Europe toward better cash optimization and an increased need for businesses to diversify their cash deposits. Spiko is addressing this need, and is experiencing strong early organic market traction as a result. Tokenization: a new fintech frontier enabling disintermediated and cost-effective fund management structure Spiko uses tokenization to unlock demand from a large group of smaller businesses that traditional banks tend to overlook. These businesses are often ignored because they're hard to service and expensive to reach. By acting as a transfer agent on a blockchain ledger — something usually handled by legacy custodians — Spiko cuts out the middlemen and reduces the cost of managing funds, all while opening up the possibility of 24/7 cash-equivalent transfers worldwide. The underlying assets in Spiko’s main funds consist of Treasury Bills – short-term debt securities issued by major Eurozone governments or the U.S. Treasury that are always open for trading. The assets are widely regarded as risk-free, as central bank policy rates set the yields. Because they are non-speculative and backed by sovereign guarantees, they are among the safest and most liquid assets available. Spiko’s tokenized architecture — the first of its kind for money market funds in Europe — also enables transfers via stablecoins, offering an alternative to traditional wire payments. Customers can fund their accounts with digital currency and withdraw in fiat, or vice versa. The Series A funding will accelerate Spiko’s go-to-market strategy, with investments in sales, marketing, product development, and new partnership acquisitions. While France was the starting point, Spiko is now focussed on scaling across Europe, offering customers transparency, ease of use, and new solutions enabled by tokenization. Source: Spiko #Fintech #tokenization #Innovation  XX engagements  **Related Topics** [revolut](/topic/revolut) [angels](/topic/angels) [notable](/topic/notable) [seed funding](/topic/seed-funding) [$400m](/topic/$400m) [index ventures](/topic/index-ventures) [$22m](/topic/$22m) [Post Link](https://x.com/samboboev/status/1946132840951021679)
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Sam Boboev @samboboev on x XXX followers
Created: 2025-07-18 09:00:01 UTC
🚨 GROWTH: Spiko Raises $22M, led by Index Ventures, to democratise access to treasury yields, after hitting $400m in AUM in first year
Spiko has today announced $XX million in Series A funding led by Index Ventures, with participation from White Star Capital, Frst, Rerail, Blockwall and Bpifrance’s Digital Venture Fund. The round was supported by notable angels, including Revolut co-founder Nikolay Storonsky, Kyriba founder Jean-Luc Robert, Bridge co-founder Zach Abrams, Wise CTO Harsh Sinha, Blackstone co-CIO Lionel Assant and Pennylane’s founding team.
As of today, $XX trillion sits idly in European bank deposits, missing out on yields, capital efficiency, and essential capital protection. This stands in contrast to the US, where the ecosystem for managing liquidity is far more developed, with US businesses of all sizes routinely earning interest on their cash holdings, without sacrificing liquidity. As a result, there's a growing trend in Europe toward better cash optimization and an increased need for businesses to diversify their cash deposits. Spiko is addressing this need, and is experiencing strong early organic market traction as a result.
Tokenization: a new fintech frontier enabling disintermediated and cost-effective fund management structure
Spiko uses tokenization to unlock demand from a large group of smaller businesses that traditional banks tend to overlook. These businesses are often ignored because they're hard to service and expensive to reach. By acting as a transfer agent on a blockchain ledger — something usually handled by legacy custodians — Spiko cuts out the middlemen and reduces the cost of managing funds, all while opening up the possibility of 24/7 cash-equivalent transfers worldwide.
The underlying assets in Spiko’s main funds consist of Treasury Bills – short-term debt securities issued by major Eurozone governments or the U.S. Treasury that are always open for trading. The assets are widely regarded as risk-free, as central bank policy rates set the yields. Because they are non-speculative and backed by sovereign guarantees, they are among the safest and most liquid assets available.
Spiko’s tokenized architecture — the first of its kind for money market funds in Europe — also enables transfers via stablecoins, offering an alternative to traditional wire payments. Customers can fund their accounts with digital currency and withdraw in fiat, or vice versa.
The Series A funding will accelerate Spiko’s go-to-market strategy, with investments in sales, marketing, product development, and new partnership acquisitions. While France was the starting point, Spiko is now focussed on scaling across Europe, offering customers transparency, ease of use, and new solutions enabled by tokenization.
Source: Spiko
#Fintech #tokenization #Innovation
XX engagements
Related Topics revolut angels notable seed funding $400m index ventures $22m