Spiko Taps Chainlink to Expand Multichain Access for Regulated Tokenized Funds
Spiko integrates Chainlink CCIP to streamline multichain access to $380M in tokenized money market funds while maintaining strict EU compliance.
In a major stride for institutional decentralized finance (DeFi), Spiko has partnered with Chainlink to implement its Cross-Chain Interoperability Protocol (CCIP), enhancing multichain functionality for regulated money market funds. This integration allows seamless cross-chain transfers of $380 million in tokenized assets, significantly simplifying investor access across blockchain networks.
Through CCIP, Spiko eliminates the traditionally burdensome need to redeem and re-subscribe shares when moving assets between chains. The result is a streamlined, compliant, and user-friendly process that adheres to stringent European regulatory standards, particularly those of France’s financial authorities.
Spiko’s regulated funds, EUTBL and USTBL, represent the first EU-approved tokenized money market instruments issued as fungible tokens on public blockchains. Backed by euro and U.S. dollar-denominated treasury bills, they offer institutional investors a compliant gateway to digital asset exposure.
Paul-Adrien Hyppolite, CEO of Spiko, highlighted the strategic importance of the integration: "By leveraging Chainlink’s CCIP, we are expanding both the accessibility and integrity of our tokenized MMFs, aligning innovation with institutional-grade trust."
Chainlink’s CCIP serves as a critical infrastructure layer in this transformation. Its ability to support secure, compliant asset transfers across chains addresses one of the core limitations in DeFi: ecosystem fragmentation. The partnership with Spiko affirms Chainlink’s growing role in bridging the gap between decentralized infrastructure and regulated financial systems.
Spiko integrates robust compliance protocols, including Know Your Customer (KYC) and Anti-Money Laundering (AML) checks, ensuring alignment with EU laws without compromising blockchain efficiency. Its earlier adoption of Chainlink’s SmartData for real-time NAV reporting further underlines its dedication to transparency and operational rigor.
This collaboration mirrors wider trends in institutional blockchain adoption. Chainlink’s recent alliance with Mastercard to support transaction tokenization in the EU further cements its position as a keystone technology in the regulated digital asset space. Mastercard’s ambition to tokenize all European transactions by 2030 echoes Chainlink’s vision of a seamlessly connected financial system.
Looking ahead, Spiko’s initiative provides a model for future cross-chain financial products that merge innovation with compliance. As tokenization accelerates, the need for interoperable and regulated frameworks will become ever more pressing. Spiko’s CCIP integration represents a forward-looking approach to solving these challenges, opening doors for broader market participation and systemic efficiency.
