Tokenized money market fund issuer Spiko completes $90 million Series B funding, led by NEA.

BlockBeats news, October 6th, according to The Block, tokenized money market fund issuer Spiko announced the completion of a $90 million Series B funding round, led by venture capital firm NEA. Following this round of financing, Spiko's cumulative funding has reached $120 million.

Currently, Spiko's assets under management (AUM) have reached $2.7 billion, with operations covering more than 25 jurisdictions. The company plans to use the proceeds from this funding round to launch new fund products, expand into more markets, and grow its team.