Spiko raises $90 million to expand tokenized cash funds across markets
Spiko raised $90 million in Series B funding to scale its $2.7 billion tokenized cash fund business and expand into new markets.
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What happened
Spiko raised $90 million in Series B funding to scale its $2.7 billion tokenized cash fund business and expand into new markets.
Reported details
- Spiko raised $90M in a Series B led by NEA as its tokenized cash funds reached $2.7B in assets, with expansion planned across Europe.
Why this matters
Spiko is an infrastructure change, not a market event: the thing to verify is whether the underlying record moved, or only the wrapper around it. A tokenized claim is unchanged if the ledger, custodian, and redemption terms are unchanged, however the announcement is framed.
Evidence boundary
The scope is limited to what the linked reports state, and where two of them diverge both positions are recorded without either being picked in advance.
What to verify
Verify Spiko on the chain: the deployed contract address and version, and whether the ledger of record changed or only the interface that reads it.
Sources and editorial check time
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The Block RSS: https://www.theblock.co/news/business/2026-10-06-spiko-raises-90-million-to-expand-tokenized-cash-funds-across-markets-417774
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crypto.news Live: https://crypto.news/spiko-raises-90m-as-its-tokenized-funds-hit-2-7b/
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Editorial source check time: 2026-10-06T13:11:31.660Z
This information is educational and is not financial, legal, or tax advice.