Spiko

On-chain AUM$2.625b

Platform totals

Live assets9

Chains9

Est. annual revenue$6.56m

DeFi TVL$39.46m

DeFi TVL / AUM1.5%

Confirmed attestations9 / 9

Primary accessPermissioned (9)

Totals for filtered assets

$2.625b

$39.46m

Assets Rankings

1d7d1m

Name		Marketcap			DeFi			Flows
Name
Spiko9 assets		$2.625b	$2.625b	+4.15%	$39.46m	1.5%	+36.49%

About Spiko

Spiko is a blockchain-based platform providing infrastructure for tokenization and on-chain financial services. It enables users to access and trade diverse digital assets through decentralized protocols.

MMFBond & MMF FundsPermissionless

Website Docs Protocol page

Profile

Founded: 2023
Headquarters: Paris, France
Primary chain: Ethereum
Parent platform: Spiko
Issuer: Spiko Finance SAS

Economics & revenue

Holder total fee25 bps

Asset manager take25 bps

Tokenization platform take5 bps

Performance fee0%

Mint fee0 bps

Redemption fee0 bps

Underlying fund expense30 bps

Float incomeNo

Revenue confidenceIssuer-Disclosed

Fees last verified2026-07-09

Attestations & milestones

Attestation frequency: Daily NAV (UCITS-equivalent)
Last attestation: Daily NAV

2026-03Spiko Dollar launched with Amundi as delegated asset manager
2025-0722 million dollar Series A led by Index Ventures after passing 400 million AuM
2025obtained MiFID investment firm license enabling EU passporting
2024-05Spiko EU T Bills MMF launched with AMF approval
2024USTBL US T Bills MMF launched

Revenue methodology & documents

Revenue model: Management Fee

Spiko USTBL (US T-Bills MMF) and EUTBL (EU T-Bills MMF): 25 bps annual management fee plus 5 bps operating expenses (capped at 10 bps), total ~30 bps. Fee deducted daily on a pro-rata basis. No entry, exit, custody, or transaction fees for primary-market subscriptions/redemptions. Source: https://docs.spiko.io

Issuer registry, regulation & leadership

Founders and leadership

Paul-Adrien Hyppolite — Co-Founder, CEO Antoine Michon — Co-Founder

Issuer registry

Spiko SAS (France, AMF-licensed under MiCA & SFDR). European tokenized money-market platform launched 2024. Issues fund tokens for treasuries (USTBL — US T-Bills) and Euro short-term debt (EUTBL). Co-founded by Paul-Adrien Hyppolite and Antoine Michon.

Regulatory status

Spiko Finance is a French SAS licensed as an investment firm by the ACPR under number 19183 and registered with ORIAS under 23008251. Its money market funds are approved and supervised by the French AMF, with CACEIS Bank as depositary, Twenty First Capital as management company for the T Bills funds, and PwC as statutory auditor. Spiko never holds client funds.

Entity structure

Spiko Finance SAS is the licensed investment firm and distributor while the funds are separate AMF approved French vehicles. The T Bills funds are managed by Twenty First Capital and the Smart Cash funds by Amundi under delegation. Client cash flows go directly to depositary CACEIS.

Issuer source