Spiko Integrates Chainlink CCIP for Multichain Access to $380M Funds

Generated by AI AgentCoin World
Tuesday, Jul 1, 2025 4:49 pm ET1min read
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European fintech Spiko has announced a significant integration with Chainlink’s Cross-Chain Interoperability Protocol (CCIP) to enhance access to its regulated on-chain money market funds. The integration, revealed on July 1, 2025, aims to facilitate multichain access to over $380 million in institutional-grade funds, making it easier and more compliant for users to interact with these assets across different blockchain networks.

Prior to this integration, Spiko’s money market funds (MMFs) were deployed natively across multiple networks, but investors faced challenges in transferring their shares between chains. The only available workaround was to redeem shares on one network and re-subscribe on another, a process that was both time-consuming and costly. With the integration of CCIP, this cumbersome process is now obsolete. CCIP will enable seamless cross-chain interoperability, allowing users to access traditional financial instruments on-chain with greater ease and compliance.

Spiko’s regulated funds, EUTBL and USTBL, are backed by euro and U.S. dollar-denominated treasury bills, respectively. These assets are the first EU-approved USD- and EUR-denominated money market funds whose shares are issued as fungible tokens on a public blockchain. This development is part of a broader global trend towards tokenization, which aims to enhance the efficiency and accessibility of financial instruments.

Paul-Adrien Hyppolite, co-founder and chief executive officer of Spiko, highlighted the strategic importance of this integration. “By integrating CCIP, we’re extending our tokenized money market funds across chains while maintaining the compliance and operational standards required by institutional investors,” he stated. This move underscores Spiko’s commitment to leveraging blockchain technology to scale access to its funds while adhering to regulatory and operational standards, including identity verification checks such as know your customer (KYC) and anti-money laundering (AML) procedures.

The integration of CCIP follows Spiko’s earlier adoption of ChainlinkLINK-- SmartData, which provides real-time net asset value (NAV) reporting. This latest development further solidifies Chainlink’s role as a key player in the blockchain ecosystem, powering growth and traction for projects across decentralized finance, banking, and real-world assets. Chainlink’s solutions continue to attract significant adoption, as evidenced by its recent partnership with MastercardMA--, further expanding its reach and influence in the financial technology sector.

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