Spiko

Spiko is a pioneering fintech revolutionizing access to money market funds through tokenization. Founded in 2023 by ex-public sector executives Paul-Adrien Hyppolite and Antoine Michon, Spiko has launched the first fully tokenized, regulated UCITS money market funds in the European Union.Key Features:
– EUR and USD denominated money market funds backed exclusively by Treasury Bills from stable governments
– Daily interest payments and full liquidity with no lock-up periods or withdrawal fees
– Regulated by French Financial Markets Authority (AMF)
– Assets securely held by CACEIS (Crédit Agricole subsidiary) as custodian
– Funds tokenized as ERC-20 tokens on Ethereum and EVM-compatible networks
– Minimum investment of €1,000/USD equivalent
– Management fee of 0.25% annually
– Integration with Chainlink for on-chain NAV data
– API access available for programmatic integrationThe Spiko platform connects issuers of financial instruments with capital providers through a next-generation infrastructure leveraging tokenization. Their first products – the Spiko Euro and Dollar money market funds – enable individuals, businesses and institutions to easily access risk-free rates (currently ~4% EUR, ~5.3% USD) while maintaining daily liquidity.
– Backed by prominent VCs including Frst, Blockwall, Kima, BpifranceThe platform’s innovative approach combines the safety of traditional investments with blockchain technology benefits, enabling:
– Real-time transparency into underlying Treasury Bill holdings
– Seamless transferability of fund shares
– Enhanced operational efficiency through smart contracts
– Improved capital management and collateral optimization