# Spiko Secures Ninety Million Dollar Series B Led by NEA to Expand Tokenized Treasury and Institutional Cash Management

Source: TechNewsList (https://technewslist.com)
Canonical URL: https://technewslist.com/en/article/spiko-secures-90m-series-b-tokenized-treasury-2026-10-07-morning
Section: Fintech (https://technewslist.com/en/fintech)
Author: TechNewsList
Language: en
Published: 2026-10-07T05:26:35.365+00:00
Updated: 2026-10-07T05:26:35.526096+00:00

> The European fintech platform reached an $800 million valuation after raising fresh capital to scale compliant on-chain money market funds for corporate treasuries, offering instant liquidity and sovereign yield generation.

## TL;DR
- Spiko closed a $90 million Series B funding round led by New Enterprise Associates on October 6, 2026, reaching an $800 million valuation.
- The platform enables corporate treasuries and fintechs to invest liquid cash into tokenized sovereign debt funds with instant settlement.
- Operating under European regulatory licenses, Spiko has accumulated billions in corporate treasury deposits seeking automated yield.
- The fresh capital will fund global expansion into North American enterprise markets and automated corporate ERP integrations.

## Key points
- Transforms traditional corporate treasury management by replacing multi-day settlement cycles with continuous on-chain liquidity.
- Provides direct, unencumbered ownership of underlying government debt assets rather than unsecured bank deposit claims.
- Integrates directly with enterprise resource planning systems to automate corporate payroll and invoice liquidity buffers.
- Reflects accelerating institutional appetite for real-world asset tokenization backed by premier venture capital firms.
- Complies with European Markets in Financial Instruments Directive and incoming digital asset regulatory standards.

## What happened

On October 6, 2026, financial technology scale-up Spiko announced that it has successfully completed a ninety million dollar Series B funding round. The investment was led by global venture firm New Enterprise Associates (NEA), with continued participation from existing institutional backers, vaulting the European company's post-money valuation to eight hundred million dollars.

Spiko develops regulated, blockchain-native cash management infrastructure tailored specifically for corporate treasuries, asset managers, and financial institutions. By tokenizing short-term government debt instruments—principally European and United States sovereign treasury bills—Spiko allows corporate finance departments to earn competitive risk-free yields while maintaining real-time liquidity and automated redemption capabilities.

The massive capital injection follows a period of hypergrowth for the firm, during which corporate deposits on the platform surged past three billion dollars. The company confirmed that proceeds will be utilized to finance its expansion into North American markets, recruit specialized compliance personnel, and engineer direct API connectors for prominent enterprise resource planning platforms.

## Why it matters

For corporate finance directors and chief financial officers, managing corporate liquidity across commercial banks has grown increasingly complex. Traditional commercial bank deposits carry uninsured credit risk above statutory deposit guarantee thresholds, while traditional money market funds suffer from rigid settlement windows that lock up working capital over weekends and banking holidays.

![Major institutional banking headquarters reflecting corporate financial custody, settlement infrastructure, and treasury operations](https://rkhynbcsbnkkcwgexzwg.supabase.co/storage/v1/object/public/media/api/1791350784183-r0vvx5-spiko-secures-90m-series-b-tokenized-treasury-2026-10-07-morning-inside-1-d49ef4007c.webp "Institutional banking headquarters serve as central hubs for liquidity clearance and corporate treasury debt allocation.")

Spiko's tokenized cash management framework fundamentally alters this risk-return dynamic. Because the underlying assets comprise bankruptcy-remote sovereign debt instruments held in segregated custody, depositors are insulated from commercial bank insolvency risks. Furthermore, the tokenized structure allows corporate treasurers to transfer, reallocate, or liquidate positions instantaneously around the clock.

The substantial commitment from NEA underlines the broader institutional transition toward tokenized real-world assets (RWAs). Venture investors recognize that blockchain infrastructure provides demonstrable efficiency gains in treasury settlement, transforming a historically slow back-office operation into an agile, programmatic competitive advantage.

## Technical details

The Spiko technical architecture is engineered to satisfy stringent European regulatory mandates, operating in compliance with MiFID II and the EU Digital Operational Resilience Act (DORA). The platform utilizes permissioned smart contracts deployed across enterprise-grade public distributed ledgers to represent shares in regulated money market investment vehicles.

Each token minted on the Spiko platform is backed on a one-to-one basis by physical government treasury bills deposited with regulated European custodian banks. The protocol interfaces with custodial accounting systems through secure cryptographic APIs, providing real-time proof-of-reserve telemetry that corporate auditors can verify independently at any second.

![Institutional banking exterior architecture illustrating sovereign reserve backing and compliance frameworks](https://rkhynbcsbnkkcwgexzwg.supabase.co/storage/v1/object/public/media/api/1791350788571-mjpbxu-spiko-secures-90m-series-b-tokenized-treasury-2026-10-07-morning-inside-2-e8637fd70b.webp "Modern financial institutions operate under strict regulatory supervision to maintain reserve solvency and investor protections.")

To facilitate frictionless enterprise adoption, Spiko developed automated settlement pipelines that connect directly to corporate bank accounts via SWIFT and SEPA Instant rails. Corporate clients can deposit fiat currency, which the system automatically routes into treasury bill purchases and token minting without requiring finance teams to manage private cryptographic keys directly.

## Market / industry impact

The rapid scaling of Spiko signals a paradigm shift in how mid-sized and large enterprises view financial technology. Historically, blockchain technology was perceived as speculative or complex; today, tokenized cash management solutions are recognized as premier instruments for institutional capital preservation.

Commercial banks are feeling the competitive impact of this migration. As corporate treasuries move substantial non-operational deposits off traditional commercial balance sheets into tokenized government securities, commercial lenders face margin compression, accelerating their own internal efforts to build digital asset custody solutions.

Furthermore, Spiko's success establishes a robust precedent for regulatory compliance in digital finance. By working collaboratively with financial regulators from inception, the company demonstrates that tokenized financial instruments can thrive within established legal and institutional boundaries.

## What to watch next

Corporate treasury executives will watch Spiko's upcoming launch in the United States, observing whether the company secures necessary state and federal trust charters to accept dollar-denominated institutional deposits at scale.

Another critical development to monitor will be the launch of Spiko's enterprise ERP integration modules. Deep integrations with platforms like SAP, Oracle NetSuite, and Workday could unlock automated treasury sweeps, where excess operating cash is automatically swept into yield-bearing tokens overnight.

Finally, market analysts will observe how macroeconomic interest rate adjustments impact corporate demand. If central banks initiate aggressive monetary easing cycles, the relative attractiveness of short-term sovereign yield could prompt Spiko to expand into tokenized corporate commercial paper and asset-backed debt vehicles.

## Sources

- [Spiko Press Office](https://spiko.io/news/spiko-series-b-nea-90m-tokenized-treasury) - Official corporate release confirming the $90M Series B funding round, $800M valuation, and expanded institutional treasury product roadmap.
- [TechCrunch Fintech Dispatch](https://techcrunch.com/2026/10/06/spiko-raises-90m-series-b-tokenized-treasuries-nea/) - Venture capital reporting detailing investor participation from NEA, regulatory compliance frameworks in Europe, and corporate client growth.
- [Investing.com Financial Technology](https://www.investing.com/news/fintech-news/spiko-secures-90m-series-b-for-onchain-cash-management-3589456) - Industry analysis of short-term tokenized government debt vehicles and integration with corporate ERP treasury systems.

Mentions: Spiko, New Enterprise Associates, Paul-Adrien Hyppolite, Series B

## Sources
- [Spiko Press Office](https://spiko.io/news/spiko-series-b-nea-90m-tokenized-treasury)
- [TechCrunch Fintech Dispatch](https://techcrunch.com/2026/10/06/spiko-raises-90m-series-b-tokenized-treasuries-nea/)
- [Investing.com Financial Technology](https://www.investing.com/news/fintech-news/spiko-secures-90m-series-b-for-onchain-cash-management-3589456)