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Spiko raises $90 million for tokenized cash fund expansion

The company said the financing will help scale its $2.7 billion tokenized cash fund business and move into new markets.

Reported · Written up by our desk · Market Structure

Spiko raised $90 million in Series B funding to expand its tokenized cash funds across multiple markets, according to The Block.

The company plans to use the funding to scale its existing tokenized cash fund business, which it described as totaling $2.7 billion.

Spiko also said the raise supports an expansion into new markets beyond its current footprint.

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