Spiko Has Raised $90 Million for Tokenized Cash Funds
The London-based startup is scaling its tokenized fund business to compete with established financial incumbents.
Updated on Oct. 6, 2026 in Startups
Live Poll
Do you trust specialized digital asset platforms more than traditional financial institutions for your investments?
Spiko has secured $90 million in equity funding to expand its operations. The company builds tokenized cash funds and currently manages $2.7 billion in assets.
Why it matters
The capital injection allows Spiko to accelerate its effort to compete with sector heavyweights in the digital asset space. This move highlights the growing movement to digitize traditional financial products through tokenization.
Spiko manages $2.7 billion in assets across its product suite. The firm utilizes tokenization to create cash funds, moving traditional financial instruments onto digital ledgers.
The players
Spiko
A London and Paris-based startup that provides tokenized cash funds to institutional investors.
The details
Spiko operates by building tokenized cash funds—financial instruments where shares are represented as tokens on a distributed ledger. This process is designed to provide greater efficiency and transparency compared to traditional fund accounting. By digitizing these assets, the firm aims to streamline liquidity and operational workflows for institutional and professional investors.
Timeline
October 6, 2026: Spiko announced the closing of its $90 million equity funding round.
The Tech Race
Spiko is positioning itself within the competitive landscape of real-world asset tokenization. The firm is actively scaling its platform to challenge legacy financial service providers.
Professional and institutional investors may gain access to more efficient cash fund management tools as Spiko scales its infrastructure. Increased competition in this sector typically leads to improved liquidity and potentially lower overhead costs for those using tokenized products.
The takeaway
Tokenized funds are increasingly attracting venture capital as they bridge the gap between traditional liquidity and blockchain infrastructure. Observers should track Spiko’s future product announcements to see if their scale can pressure the fee structures of traditional money market incumbents.
Further reading
For more on the current landscape of new financial technology, explore our Startups section.
Live Poll
Do you trust specialized digital asset platforms more than traditional financial institutions for your investments?
