Spiko raises $90 million to expand tokenized cash funds across markets
October 6, 2026
Tokenized cash fund issuer Spiko raised $90 million in a Series B led by New Enterprise Associates, bringing its total funding to $120 million. The company plans to use the capital to launch new funds, expand into markets including Germany, Italy, Spain, and the Nordics, and grow its team. With $2.7 billion in assets under management across multiple currencies and over 10,000 clients, Spiko states its tokenized cash-fund range now surpasses those of BlackRock and Franklin Templeton.#EvernorthXRPTreasuryCompletesSPACMerger
October 6, 2026
Tokenized cash fund issuer Spiko raised $90 million in a Series B led by New Enterprise Associates, bringing its total funding to $120 million. The company plans to use the capital to launch new funds, expand into markets including Germany, Italy, Spain, and the Nordics, and grow its team. With $2.7 billion in assets under management across multiple currencies and over 10,000 clients, Spiko states its tokenized cash-fund range now surpasses those of BlackRock and Franklin Templeton.#EvernorthXRPTreasuryCompletesSPACMerger