Tokenized money market fund platform Spiko completes $22 million Series A financing, led by Index Ventures

Odaily News Tokenized money market fund platform Spiko announced the completion of a $22 million Series A financing round, led by Index Ventures, with participation from White Star Capital, Frst, Rerail, Bpifrance and Blockwall. Spiko plans to help European companies earn daily cash interest through tokenized money market funds, narrowing the cash yield gap between Europe and the United States, and is expected to reach $1 billion in assets under management by the end of this year. (The Block)