Chainlink LINK Powers Spiko’s $380M Tokenized Money Market Funds via CCIP Integration
European fintech firm Spiko has integrated Chainlink's Cross-Chain Interoperability Protocol (CCIP) to enable multichain access to over $380 million in regulated on-chain money market funds. Announced on July 1, 2025, this strategic MOVE enhances interoperability and simplifies cross-chain transactions for institutional investors.
Spiko's tokenized funds—EUTBL and USTBL, backed by euro and U.S. dollar-denominated treasury bills—will utilize Chainlink's infrastructure. These funds, approved by France's Financial Markets Authority (AMF), represent the first EU-regulated USD and EUR offerings of their kind.
The integration removes the need for manual redemption and resubscription across networks, streamlining what was previously a costly process. Chainlink's CCIP now facilitates frictionless cross-chain transfers, accelerating the fusion of traditional finance and blockchain technology.