Crypto Briefing • October 6th 2026, 7:05 AM
Spiko raises $90M to take on BlackRock in tokenized cash funds
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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Spiko's $90M raise signals a shift towards blockchain-based finance, challenging traditional giants and potentially reshaping cash fund markets.