POPA ReconSpiko Raises $90M as Its Tokenized Cash Funds Hit $2.7B
Spiko Raises $90M as Its Tokenized Cash Funds Hit $2.7B Spiko, the Paris and London-based issuer of tokenized money market funds, has raised a $90M Series B led by NEA, with Index Ventures, Bpifrance, Speedinvest and Wintermute Ventures participating. Former Bundesbank president Axel Weber joined as an angel. Total funding now stands at $120M. Spiko manages $2.7B across funds in euros, dollars, sterling and Swiss francs, used by 10,000+ businesses and individuals in 25+ jurisdictions. Spiko says its tokenized cash-fund range is now larger than BlackRock's and Franklin Templeton's, per RWA.xy…
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