Tokenized Fund Startup Spiko Raised $90 Million
The London and Paris-based firm plans to use the new equity to compete with established sector heavyweights.
Updated on Oct. 6, 2026 in Startups
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Spiko has secured $90 million in equity funding to expand its operations. The company specializes in building tokenized cash funds for institutional and professional investors.
Why it matters
This capital injection allows the startup to scale its infrastructure and compete directly with sector incumbents. It signals continued investor appetite for tokenized financial products despite high competition in the digital asset space.
Spiko has successfully raised $90 million in new equity funding, bringing its total assets under management to $2.7 billion. The firm is currently working to scale its tokenized cash fund offerings.
The players
Spiko
A financial technology firm headquartered in London and Paris that develops tokenized cash funds and manages $2.7 billion in total assets.
The details
Spiko operates by building tokenized cash funds, a mechanism that allows assets to be represented on a blockchain for increased liquidity and efficiency. The company manages these assets from its headquarters in London and Paris. By securing this $90 million in capital, the firm intends to expand its reach and challenge existing heavyweights in the digital asset management market.
Timeline
October 6, 2026: Spiko officially announced the completion of its $90 million equity funding round.
Market Landscape
This funding round follows the broader industry trend of institutional-grade tokenized money market funds becoming a mainstream alternative to traditional cash vehicles. It marks a significant escalation in the competition between specialized fintech startups and legacy asset managers.
Operators should monitor whether tokenized cash funds become a standard treasury management tool for businesses looking to optimize short-term liquidity. Keep an eye on how these platforms manage regulatory compliance as they scale their assets under management.
The takeaway
Spiko's ability to raise $90 million demonstrates that tokenized financial products are gaining traction among capital allocators. Founders should track the growth of these platforms as potential low-friction alternatives to traditional banking or corporate cash accounts.
Further reading
For more on the latest capital trends in the sector, see our coverage of Startups.
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