Chainlink LINK Powers Spiko’s $380M Tokenized Fund Expansion via CCIP Integration
European fintech platform Spiko has integrated Chainlink's Cross-Chain Interoperability Protocol (CCIP), enabling multichain access to over $380 million in tokenized money market funds. This integration removes redemption and resubscription requirements for investors transferring assets across blockchains.
EUTBL and USTBL—euro- and USD-denominated funds backed by treasury bills—now feature seamless cross-chain transfers. chainlink CCIP ensures compliance with French market regulations while maintaining institutional-grade security and real-time functionality.
The integration addresses previous inefficiencies where EUTBL tokens existed on multiple chains without native transfer capabilities. Institutional investors can now rebalance portfolios across networks without liquidation or redundant KYC processes.