New Web Product
Spiko Raises $90M Series B to Launch On-Chain Money Funds
Spiko, a company that issues regulated money funds on-chain in euros, dollars, sterling, and Swiss francs, has closed a $90 million Series B led by NEA. The platform now manages $2.7 billion and is used by over 10,000 businesses and individuals across 25+ jurisdictions. Co-founder Antoine Michon, who previously advised the French government on technology, helped build a model where firms embed the funds via API, enabling automatic treasury routines like sweeping excess holdings. The company will host an event at DAF New York on November 13 to showcase its platform.