Spiko Raises $90M in Series B Funding for Tokenized Cash Funds
Spiko secures $90M to expand its tokenized cash fund business, now managing $2.7B in assets.
- Spiko raises $90M in Series B funding led by NEA.
- Tokenized cash funds reach $2.7B in assets under management.
- Expansion plans include entering new markets across Europe.
Both outlets confirm a $90M Series B raise and $2.7B in tokenized cash fund assets, with no discrepancies.
Spiko, a company specializing in tokenized cash funds, has successfully raised $90 million in a Series B funding round led by venture capital firm NEA. This investment will support the company's efforts to scale its operations and expand into new markets, particularly across Europe. The funding round underscores growing investor interest in tokenization as a means to enhance liquidity and accessibility in traditional financial products.
The company's tokenized cash funds have amassed $2.7 billion in assets under management, according to reports from both Crypto.news and The Block. This figure highlights the significant traction Spiko has gained in the emerging field of tokenized finance. The funds are designed to provide investors with exposure to cash-like assets while leveraging the benefits of blockchain technology, such as increased transparency and efficiency.
While both Crypto.news and The Block report the same figures for the funding amount and assets under management, they do not provide additional details on the specific markets Spiko plans to enter in Europe or the timeline for this expansion. The absence of conflicting information suggests a high degree of consistency in the reporting of the core details of the funding round and business growth.
In the broader market context, the total cryptocurrency market cap stands at $3 trillion, with the overall market showing a relatively flat trend. 
Bitcoin, the leading cryptocurrency, has seen a modest 24-hour increase of 0.15%, currently trading in a range that reflects cautious optimism. The Fear & Greed Index sits at 73, indicating a 'Greed' sentiment among investors, which suggests a positive outlook for risk-on assets.
The successful fundraising and growth of Spiko's tokenized cash funds could signal a broader trend of institutional adoption of tokenization in traditional finance. As more companies explore the potential of blockchain technology to transform financial products, this development may pave the way for increased innovation and investment in the sector.
2 key figures independently matched across 2 outlets reporting this story.
TLT extracts the figures each outlet reports and flags the ones that agree. Numbers cited by only one outlet are attributed in the brief, not shown as corroborated.
Figures and sectors in this story, checked live against on-chain aggregators · October 6, 2026.
TLT reads these figures directly from on-chain aggregators (DeFiLlama, mempool.space) at build time — independent of what any outlet reported. Sector totals aggregate every protocol DeFiLlama tracks in that category. Values are live and will change.
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This is an original TLT brief that synthesises reporting from Crypto.news, The Block, with the key figures cross-checked for agreement across them. It is not a copy of any one article — follow the source links above for the original reporting.
Original summary — not financial advice. This is an original TLT brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.