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Tokenized money market fund platform Spiko completes $22 million Series A financing, led by Index Ventures

By: odaily.com|2025/07/17 11:01:39

Odaily News Tokenized money market fund platform Spiko announced the completion of a $22 million Series A financing round, led by Index Ventures, with participation from White Star Capital, Frst, Rerail, Bpifrance and Blockwall. Spiko plans to help European companies earn daily cash interest through tokenized money market funds, narrowing the cash yield gap between Europe and the United States, and is expected to reach $1 billion in assets under management by the end of this year. (The Block)

The USDT borrowing APY on Aave has surged to 16.01%, reaching its highest level in six months

The Thai publicly listed company DV8 raised $7.4 million, positioning itself as a trailblazer in the Southeast Asian crypto treasury.