ME News reports that on October 6 (UTC+8), tokenized money market fund issuer Spiko announced the completion of a $90 million Series B funding round led by venture capital firm NEA. Following this round, Spiko’s total fundraising has reached $120 million. Currently, Spiko’s assets under management (AUM) have reached $2.7 billion, with operations spanning over 25 jurisdictions. The company plans to use the proceeds from this funding round to launch new fund products, expand into additional markets, and grow its team. (Source: BlockBeats)
Tokenized money market fund issuer Spiko closes $90M Series B led by NEA
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Summary
Tokenized money market fund issuer Spiko has closed a $90 million Series B round led by NEA, bringing its total capital raised to $120 million. The company now manages $2.7 billion in AUM across more than 25 jurisdictions. Market news highlights Spiko’s plans to launch new products, expand into new regions, and scale its team. Spiko’s growth occurs amid rising interest in tokenized assets, while Bitcoin market news continues to reflect strong institutional momentum.
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