{"id":4690,"date":"2025-07-01T20:31:12","date_gmt":"2025-07-01T20:31:12","guid":{"rendered":"https:\/\/bitunikey.com\/news\/european-fintech-spiko-integrates-chainlinks-ccip-for-380m-money-market-funds\/"},"modified":"2025-07-01T20:31:20","modified_gmt":"2025-07-01T20:31:20","slug":"european-fintech-spiko-integrates-chainlinks-ccip-for-380m-money-market-funds","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/european-fintech-spiko-integrates-chainlinks-ccip-for-380m-money-market-funds\/","title":{"rendered":"European fintech Spiko integrates Chainlink\u2019s CCIP for $380m money market funds"},"content":{"rendered":"

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Money markets platform Spiko is tapping into Chainlink\u2019s cross-chain interoperability protocol to enable multichain access to over $380 million in regulated on-chain funds.<\/p>\n

The European fintech announced<\/a> on July 1, 2025, noting that it was integrating Chainlink (LINK), with the strategic aim of bolstering interoperability. <\/p>\n

Chainlink\u2019s cross chain standard, CCIP, will enable more than $380 million of its institutional-grade onchain money market funds to be accessible to users much more easily and compliantly.<\/p>\n

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\u201cUntil now, Spiko MMFs were deployed natively across multiple networks \u2014 but investors couldn\u2019t move their shares from one chain to another. The only workaround was to redeem on Network A and re-subscribe on Network B \u2014 a clunky, time-consuming, and costly process. That\u2019s officially a thing of the past,\u201d Spiko posted<\/a> on X.<\/p>\n<\/blockquote>\n

In this case, CCIP will power Spiko\u2019s regulated money market funds, with these MMFs approved by France\u2019s markets regulator. Chainlink will offer the cross-chain interoperability solution that will benefit users looking to tap into traditional financial instruments on-chain.<\/p>\n

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Spiko\u2019s regulated funds<\/h2>\n

As announced, Chainlink will be the interoperability infrastructure provider for Spiko\u2019s tokenized MMFs \u2013 EUTBL and USTBL. <\/p>\n

The two assets, backed by euro and U.S. dollar-denominated treasury bills, are the first EU-approved USD- and EUR-denominated money market funds whose shares are issued as fungible tokens on a public blockchain.\u00a0It\u2019s part of the massive tokenization trend currently being witnessed across the world.<\/p>\n

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\u201cBy integrating CCIP, we\u2019re extending our tokenized money market funds across chains while maintaining the compliance and operational standards required by institutional investors,\u201d said Paul-Adrien Hyppolite, co-founder and chief executive officer of Spiko.<\/p>\n<\/blockquote>\n

Spiko aims to use Chainlink to scale access to its funds, with regulatory and operational standards around identity verification checks, such as know your customer and anti-money laundering. CCIP integration sees Spiko tap into another key blockchain-powered solution after the platform adopted Chainlink SmartData to offer real-time NAV reporting.<\/p>\n

Chainlink continues to attract massive adoption initiatives as its solutions power growth and traction for projects across decentralized finance, banking, and real-world assets, among others.<\/p>\n

Recently, Chainlink revealed a major move with the partnership with Mastercard.<\/p>\n

<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"

Money markets platform Spiko is tapping into Chainlink\u2019s cross-chain interoperability protocol to enable multichain access to over $380 million in regulated on-chain funds. The European fintech announced on July 1,…<\/p>\n","protected":false},"author":1,"featured_media":4691,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-4690","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/4690","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=4690"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/4690\/revisions"}],"predecessor-version":[{"id":4692,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/4690\/revisions\/4692"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/4691"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=4690"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=4690"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=4690"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}