Tokenized MMF platform Spiko raises $90M in Series B funding

Spiko, a tokenized money market fund platform, has raised $90 million in Series B funding, Crypto Briefing reported. The round was led by New Enterprise Associates, or NEA, with participation from Index Ventures and White Star Capital. Spiko’s cumulative funding now stands at around $120 million. The company plans to use the proceeds to expand its operations in Europe and the U.S. and to develop tokenized products.