October 6th 2026, 7:05 AM
Blockchain Challenger Emerges
Key Summary
Paris-based startup Spiko has raised $90 million to compete with giants like BlackRock in the cash fund business, with assets under management reaching $2.6-2.7 billion as of September 2026.
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Key Findings
Spiko has secured a $90M investment to scale its blockchain-based cash fund platform.Market Impact
The move challenges traditional giants like BlackRock and could reshape cash fund markets with tokenized assets.Future Outlook
As blockchain technology advances, we may see more players enter the space, further disrupting traditional finance.#Blockchain#TokenizedFinance#BlackRock#CashFunds