Spiko Secures $90 Million in Series B Funding to Expand Tokenized Cash Fund Operations

According to The Block, Spiko raised $90 million in a Series B funding round. The capital will be used to scale its tokenized cash fund business and expand the offering into new markets. The company operates a $2.7 billion tokenized cash fund as part of its broader financial technology platform. With this funding, Spiko aims to increase operational capacity and reach additional regions where it plans to deploy similar tokenized cash solutions. No details were provided regarding specific markets, timelines, investor names, or changes to existing product features.