Spiko · funding
Spiko Raises $90 Million Series B to Expand Tokenized Cash Funds
Spiko raised a $90 million Series B led by New Enterprise Associates, lifting total funding to $120 million and providing capital for new funds, market expansion and hiring.
Has Spiko actually raised the $90 million Series B?
Yes. Spiko announced the $90 million Series B on October 6, 2026, with NEA leading the round and multiple existing and new investors participating.
Orbitrum Investor Impact
Why does the funding matter for Spiko?
The capital gives Spiko more resources to launch funds, enter additional markets and build local teams across Europe as it expands distribution of its tokenized cash products.
How large is Spiko's business now?
Spiko reports $2.7 billion in assets under management, more than fivefold AUM growth over the past year, and more than 10,000 customers across over 25 jurisdictions.
Did Spiko disclose a valuation for the round?
No valuation was disclosed in Spiko's announcement or The Block's report, so the financing's ownership dilution cannot be quantified from the verified sources.
What should investors watch next?
The next test is whether Spiko converts the new capital into successful product launches, additional market entry and continued growth in assets under management; the sources did not quantify expected revenue from the expansion.
Sources
- Business Wire — Spiko Raises $90M Series B Led by NEA to Make Yield Universal
- The Block — Spiko raises $90 million to expand tokenized cash funds across markets
Original signal: The Block ↗
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