PANews
PANews|Oct 06, 2026 08:34
[Spiko Completes $90 Million Series B Financing, Tokenized Cash Fund AUM Reaches $2.7 Billion] According to The Block, tokenized cash fund issuer Spiko announced the completion of a $90 million Series B financing round, led by New Enterprise Associates (NEA), bringing the company's total funding to $120 million. Spiko stated that its tokenized cash fund business currently spans over 25 jurisdictions, with assets under management (AUM) reaching $2.7 billion. The company plans to use the funds from this round to launch more fund products, expand into new markets, and grow its team, further advancing the on-chain transformation of traditional financial assets.
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