"Spiko's Blockchain Breakthrough: Institutional Investment in Arbitrum One"
French fintech company Spiko has made a significant stride in the realm of blockchain-based finance by deploying its money market funds on Arbitrum One. This move brings institutional-grade investment assets to the layer-2 blockchain, marking a potential growth opportunity for institutional investment in the blockchain sector.
Spiko's tokenized US and EU T-Bill Money Market Funds are now available on Arbitrum One, regulated under the European Commission’s Undertakings for Collective Investment in Transferable Securities (UCITS). This regulatory framework provides a solid foundation for selling mutual funds, ensuring investor protection and market integrity.
The US T-Bills Money Market Fund has seen a notable increase in net assets, growing by 8% over the past 30 days to reach more than $50 million. The fund offers an annual percentage yield (APY) of 4.37%. Meanwhile, the EU T-Bills Money Market Fund has a total of $95.1 million in assets, with a growth rate of 10.9% over the past month.
The Spiko US T-Bills Money Market Fund has more than $50 million in assets spread across the Ethereum and Polygon networks. This diversification demonstrates the fund's commitment to maximizing returns and minimizing risk.
The market for tokenized US Treasury assets is growing rapidly, with Ondo Finance announcing the deployment of its Short-Term US Government Treasuries (OUSG) on the XRP Ledger. The combined value of tokenized Treasury assets is currently $3.43 billion, according to RWA.xyz data.
US President Donald Trump's pro-cryptocurrency policies could extend to real-world asset tokenization (RWA), according to attorney Eli Cohen. Cohen believes that the new administration could deliver a very public renouncement and repudiation of anti-crypto policies, further encouraging RWA market participation. This could open up banking and brokerage channels, spurring the creation of many more tokenized products.
Although fintechs and blockchain companies are fueling the RWA tokenization boom, traditional financial institutions will be the main catalysts of mainstream adoption. Jesse Knutson, head of operations at Bitfinex Securities, believes that more nimble institutions, such as family offices, will have an outsized impact in the early days of RWA tokenization. However, eventually, the benefits of tokenization will pull in mainstream institutional investors.

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