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crypto.news 2025-07-01 20:31:00

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

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. You might also like: UniCredit brings BlackRock’s IBIT to Italy’s elite, merging BTC with TradFi 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 . You might also like: Mastercard predicts it will tokenize 100% of transactions in EU by 2030

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