EXCLUSIVE. Spiko raises €4 million and launches its first products based on US bonds

The French start-up has announced the launch of two tokenised mutual funds based on US Treasury bonds or European government bonds. This product could well revolutionise access to so-called 'safe' investments.
11.06.2024

Investing in US Treasury bonds or European government bonds is not always easy for small portfolios. The entry ticket is high (often tens or hundreds of thousands of euros), fees are high, there are ceilings, etc.

You might think that everything is being done to prevent the general public from accessing these investments, which are reputed to be the safest on the market. But that was until the arrival of Spiko, a French start-up offering a platform for issuing, managing and distributing tokenised financial instruments.

From today, it is possible to invest from €1,000 in two tokenised UCITS, each backed by US Treasury bonds or sovereign bonds from the strongest European states.

Thanks to this system designed on the Ethereum and Polygon blockchains, it is possible to gain exposure to this type of investment yielding up to 5% a year and with no cap.

To finance the development of its platform, Spiko also raised 4 million euros as part of a pre-seed round with several funds such as Frst, Blockwall or Kima.

Its CEO and co-founder Paul-Adrien Hyppolite details this fundraising and its new products in an exclusive interview.

Format
Actualité
Topic
Finance
Author(s)
Grégory Raymond
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