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Spiko’s tokenized funds hit $3 billion market cap, up 536% in a year

Spiko’s tokenized funds hit $3 billion market cap, up 536% in a year

Photo: Crypto Briefing

The Paris and London fintech's tokenized money market funds have grown more than fivefold, with Stellar carrying most of the load Spiko’s tokenized funds have reached a $3 billion market cap. That figure is up 536% in a single year. Most of that money sits on Stellar , which hosts $1.9 billion of Spiko’s funds. Arbitrum , the Ethereum layer-2 network, holds $669 million. Smaller amounts are spread across Ethereum and other chains. Spiko issues regulated tokenized money market funds. Spiko’s version puts the fund shares on a blockchain.

Source: Crypto Briefing

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