Spiko and Concordium Partner to Transform $300B Trade Finance Market

Spiko, Europe's leading regulated tokenized money market fund provider, has joined forces with LAYER 1 blockchain Concordium to revolutionize the $300 billion trade finance sector. The partnership eliminates escrow requirements through programmable settlements, allowing capital to remain productive during transactions.

The collaboration targets European industries like pharmaceuticals and oil, focusing on deals exceeding tens of millions. Concordium's identity-verified protocol enables instant cross-border transfers of tokenized fund shares, replacing traditional escrow accounts with smart contract automation.

This innovation follows Spiko's recent $22 million funding round and $400 million in assets under management. The solution addresses chronic inefficiencies in trade finance—outdated infrastructure, paper-based processes, and capital immobilization during settlements.