Close Menu

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    What's Hot

    Italian giant UniCredit eyes Commerzbank with German crypto ties

    August 17, 2025

    The Question of Mining | Ethereum Foundation Blog

    August 17, 2025

    Solana targets ATH as SOL ETF winning streak continues

    August 17, 2025
    Facebook X (Twitter) Instagram
    Block Buzz News
    • Bitcoin
    • Coinbase
      • Litecoin
      • Altcoins
    • Blockchain
    • Crypto
    • Ethereum
    • Lithosphere News Releases
    Facebook X (Twitter) Instagram YouTube
    Block Buzz News
    Home » European fintech Spiko integrates Chainlink’s CCIP for $380m money market funds
    Crypto

    European fintech Spiko integrates Chainlink’s CCIP for $380m money market funds

    James WilsonBy James WilsonJuly 1, 2025No Comments2 Mins Read
    Share
    Facebook Twitter LinkedIn Pinterest Email



    Money markets platform Spiko is tapping into Chainlink’s cross-chain interoperability protocol to enable multichain access to over $380 million in regulated on-chain funds.

    The European fintech announced on July 1, 2025, noting that it was integrating Chainlink (LINK), with the strategic aim of bolstering interoperability.

    Chainlink’s 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.

    “Until now, Spiko MMFs were deployed natively across multiple networks — but investors couldn’t move their shares from one chain to another. The only workaround was to redeem on Network A and re-subscribe on Network B — a clunky, time-consuming, and costly process. That’s officially a thing of the past,” Spiko posted on X.

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

    Spiko’s regulated funds

    As announced, Chainlink will be the interoperability infrastructure provider for Spiko’s tokenized MMFs – EUTBL and USTBL.

    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. It’s part of the massive tokenization trend currently being witnessed across the world.

    “By integrating CCIP, we’re extending our tokenized money market funds across chains while maintaining the compliance and operational standards required by institutional investors,” said Paul-Adrien Hyppolite, co-founder and chief executive officer of Spiko.

    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.

    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.

    Recently, Chainlink revealed a major move with the partnership with Mastercard.



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    James Wilson

    Related Posts

    Solana targets ATH as SOL ETF winning streak continues

    August 17, 2025

    Thailand wields crypto conversion to strengthen tourism

    August 17, 2025

    Gemini IPO, Do Kwon guilty, OKX burns tokens

    August 17, 2025

    A global input requires transparency

    August 17, 2025
    Add A Comment
    Leave A Reply Cancel Reply

    Top Posts

    Top 5 Reasons to Get Certified in Blockchain, AI, or Fintech Today

    June 18, 2025

    Top 5 Reasons to Get Certified in Blockchain, AI, or Fintech Today

    June 18, 2025

    Your New & Improved Rewards Center Awaits 🎉

    June 19, 2025

    Hyperliquid price outlook amid Eyenovia’s $50M HYPE treasury strategy

    June 19, 2025
    Don't Miss
    Coinbase

    Italian giant UniCredit eyes Commerzbank with German crypto ties

    By John SmithAugust 17, 2025

    Commerzbank’s partnership with Deutsche Börse subsidiary Crypto Finance offers bitcoin and ether trading for corporate…

    The Question of Mining | Ethereum Foundation Blog

    August 17, 2025

    Solana targets ATH as SOL ETF winning streak continues

    August 17, 2025

    Swan Bitcoin lawsuit targets former executives, implicates Tether

    August 17, 2025
    Stay In Touch
    • Facebook
    • Twitter
    • Pinterest
    • Instagram
    • YouTube
    • Vimeo

    Subscribe to Updates

    Get the latest creative news from SmartMag about art & design.

    About Us

    BlockBuzzNews: Your daily dose of the latest in cryptocurrency trends, insights, and updates!

    Our Picks

    Italian giant UniCredit eyes Commerzbank with German crypto ties

    August 17, 2025

    The Question of Mining | Ethereum Foundation Blog

    August 17, 2025

    Solana targets ATH as SOL ETF winning streak continues

    August 17, 2025
    Most Popular

    Top 5 Reasons to Get Certified in Blockchain, AI, or Fintech Today

    June 18, 2025

    Top 5 Reasons to Get Certified in Blockchain, AI, or Fintech Today

    June 18, 2025

    Your New & Improved Rewards Center Awaits 🎉

    June 19, 2025

    Type above and press Enter to search. Press Esc to cancel.