Spiko
Active AUM
$2.661b+1.24%24h
Key Metrics
Onchain AUM$2.661b
Change (24h)+1.24%
100%
DeFi Active TVL$41.53m
Change (24h)+3.80%
1.6%
Largest protocolUsual USD0$27m
Net Flows 30dN/A
N/A
Live Assets9
3
Est. Annual Revenue$6.66m
ConfidenceIssuer-Disclosed
Assets Rankings
| Name | AUM | DeFi | Flows | |||||||
|---|---|---|---|---|---|---|---|---|---|---|
| MMF | $1.424b | $1.424b | +3.42% | $534,466 | 0.038% | -0.66% | $1.16 | |||
| MMF | $782.74m | $782.74m | -5.73% | $3.66m | 0.47% | -0.87% | $1.21 | |||
| MMF | $195.35m | $195.35m | +24.64% | $0 | 0% | $1.02 | ||||
| T-Bills | $166.92m | $166.92m | -3.44% | $37.33m | 22.37% | +5.99% | $1.1 | |||
| MMF | $48.45m | $48.45m | +8.29% | $0 | 0% | $1.36 | ||||
| Crypto Hedge Fund | $21.86m | $21.86m | +1.01% | $0 | 0% | $1.14 | ||||
| T-Bills | $14.65m | $14.65m | -4.61% | $0 | 0% | $1.37 | ||||
| Crypto Hedge Fund | $6.02m | $6.02m | -0.91% | $0 | 0% | $1.02 | ||||
| MMF | $1.22m | $1.22m | -0.59% | $0 | 0% | $1.22 | ||||
About Spiko
Spiko is a blockchain-based platform providing infrastructure for tokenization and on-chain financial services. It enables users to access and trade diverse digital assets through decentralized protocols.
Entity
Legal entitySpiko Finance SAS
HeadquartersParis, France
Founded2023
Primary chainEthereum
Entity structure
Spiko Finance SAS is the licensed investment firm and distributor while the funds are separate AMF approved French vehicles. The T Bills funds are managed by Twenty First Capital and the Smart Cash funds by Amundi under delegation. Client cash flows go directly to depositary CACEIS.
Registry
Spiko SAS (France, AMF-licensed under MiCA & SFDR). European tokenized money-market platform launched 2024. Issues fund tokens for treasuries (USTBL — US T-Bills) and Euro short-term debt (EUTBL). Co-founded by Paul-Adrien Hyppolite and Antoine Michon.
Regulation
Spiko Finance is a French SAS licensed as an investment firm by the ACPR under number 19183 and registered with ORIAS under 23008251. Its money market funds are approved and supervised by the French AMF, with CACEIS Bank as depositary, Twenty First Capital as management company for the T Bills funds, and PwC as statutory auditor. Spiko never holds client funds.
Compliance
Of 9 assets
Attested9 of 9
KYC to mint or redeem9 of 9
Allowlisted to hold9 of 9
Transferable9 of 9
Self custody9 of 9
Redeemable9 of 9
Attestation frequencyDaily NAV (UCITS-equivalent)
Last attestationDaily NAV
Fees & revenue
Revenue modelManagement Fee
ConfidenceIssuer-Disclosed
Est. annual revenue$6.66m
Holder total fee25 bps
Asset manager take25 bps
Tokenization platform take5 bps
Performance fee0%
Mint fee0 bps
Redemption fee0 bps
Underlying fund expense30 bps
Float incomeNo
Fees last verified2026-07-09
Spiko USTBL (US T-Bills MMF) and EUTBL (EU T-Bills MMF): 25 bps annual management fee plus 5 bps operating expenses (capped at 10 bps), total ~30 bps. Fee deducted daily on a pro-rata basis. No entry, exit, custody, or transaction fees for primary-market subscriptions/redemptions. Source: https://docs.spiko.io
Milestones
- 2026-03Spiko Dollar launched with Amundi as delegated asset manager
- 2025-0722 million dollar Series A led by Index Ventures after passing 400 million AuM
- 2025obtained MiFID investment firm license enabling EU passporting
- 2024-05Spiko EU T Bills MMF launched with AMF approval
- 2024USTBL US T Bills MMF launched