Fintech firm Spiko has reached a $3 billion market capitalization for its tokenized money market funds, marking a 536% increase over the past year. The platform serves over 10,000 clients across more than 25 jurisdictions.
The majority of assets are hosted on the Stellar network, which accounts for $1.9 billion of the total. The Arbitrum network holds $669 million, with the remainder distributed across Ethereum and other blockchains.
In October 2026, Spiko secured $90 million in a Series B funding round led by NEA, bringing its total funding to $120 million. The company is currently valued at $800 million.
Spiko offers regulated funds compliant with French UCITS rules, including products backed by T-bills and swap-based instruments managed with Amundi. Custodial services are provided by partners such as CACEIS and BNP Paribas.
The company plans to launch additional funds and expand its presence into Germany, Italy, Spain, and the Nordic region. Assets under management grew from $400 million in July 2025 to $3 billion by October 2026.
