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Spiko’s Chainlink Integration: Revolutionizing $380M Money Markets with CCIP!

Crypto
Last updated: July 1, 2025 11:17 pm
Crypto
Published July 1, 2025
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Spiko’s Chainlink Integration: Revolutionizing $380M Money Markets with CCIP!

Spiko Enhances Cross-Chain Access with Chainlink Integration

Money markets platform spiko is partnering with Chainlink to improve cross-chain access.This move will make over $380 million in regulated on-chain funds more accessible. The European fintech made the announcement on july 1, 2025.

Spiko is integrating Chainlink’s cross-chain interoperability protocol,CCIP. This will allow users to easily access its institutional-grade on-chain funds. Previously, investors faced challenges moving shares between different blockchain networks. They had to redeem and re-subscribe,a cumbersome process.CCIP solves this issue,streamlining fund transfers.

Spiko’s money market funds, approved by France’s markets regulator, will now be more user-pleasant. CCIP will enable seamless transfers of its funds across various blockchains.This integration aims to enhance interoperability and compliance.

Spiko’s funds,known as MMFs,were limited to different blockchains.

Spiko’s regulated funds, EUTBL and USTBL, are backed by euro and U.S. dollar-denominated treasury bills.They are the first EU-approved USD- and EUR-denominated MMFs issued as fungible tokens on a public blockchain.

Paul-Adrien Hyppolite, Spiko’s CEO, said, “CCIP integration extends our tokenized MMFs across chains while maintaining compliance and operational standards.”

Spiko aims to scale access to its funds while adhering to regulatory and operational standards. This includes identity verification checks like know your customer and anti-money laundering.

Chainlink continues to gain adoption in decentralized finance, banking, and real-world assets. Recently, it partnered with Mastercard, further showcasing its growing influence in the blockchain space.

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