Spiko, an investment technology company, has announced that his tokenized US and EU Treasury Bill Money Market Funds will be migrated to Etherlink, a Layer-2-blockchain built on Tezos (XTZ) technology. The announcement marks another step in the growing expansion campaign of Spiko after integrations with other large blockchain networks, including Arbitrum One (ARB), Starknet (STRK) and Polygon (Pol, formerly Matic).
Already known for its low transaction costs, censorship resistance and near-instant block times, EtherLink devotes considerable means to improving its decentralized finance (Defi) ecosystem. Paul-Adrien Hyperpolite, co-founder and CEO of Spiko, called Etherlink a “natural fit” for the company.
With the integration of the money market funds, Etherlink users have access to the EUR and USD income funds from Spiko. With more than $ 165 million in managed assets and full companies for collective investments in the transferable entrepreneurship compliance, Spiko’s money market funds, represented as Tokenized USTBL and EUTBL shares, are very successful real assets (RWAS). As such, the integration will introduce a series of new liquid tokenized savings solutions.
Image: Freepik
Designed by Freepik