Spiko Raises $90M in Series B for Tokenized Cash Funds
Spiko secures $90M funding as its tokenized cash fund business surpasses $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 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 tokenized cash fund business, which has already amassed $2.7 billion in assets under management. The funding will also enable Spiko to expand its operations into new markets across Europe, as reported by both Crypto.news and The Block.
The tokenized cash funds offered by Spiko have seen significant growth, with the total assets under management now standing at $2.7 billion. This figure is corroborated by both reporting outlets, indicating strong market demand for the company's offerings. The funds are designed to provide investors with exposure to cash-like assets through tokenization, leveraging blockchain technology for increased efficiency and accessibility.
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. The expansion strategy is likely to focus on regions with high demand for digital asset solutions and favorable regulatory environments.
In the broader market context, the total crypto market cap is currently at $2.93 trillion, with the overall market experiencing a downturn. 
Bitcoin, the leading cryptocurrency, has seen a 24-hour decrease of 2.41%, and the Fear & Greed Index stands at 71, indicating a state of 'Greed' among investors. Despite the market conditions, Spiko's successful fundraising round underscores the continued interest in innovative financial products within the crypto space.
The development is significant as it highlights the growing adoption of tokenization in traditional financial instruments. By bridging the gap between traditional finance and digital assets, Spiko's model could attract more institutional investors to the crypto market. The company's expansion into Europe also suggests a strategic focus on regions with mature financial systems and a strong appetite for digital innovation.
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 7, 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.