Tokenized cash fund issuer Spiko said its assets under management have risen above $3 billion. Data on the company’s website shows AUM increased by about $374 million from 30 days earlier, marking a 14.07% gain over that period. Spiko also outlined the pace of that growth: it took 21 months to reach its first $1 billion in AUM, less than five months to grow from $1 billion to $2 billion, and less than four months to move from $2 billion to $3 billion. Separately, Foresight News had previously reported that Spiko announced a $90 million Series B financing round on Oct. 6, led by New Enterprise Associates. The update adds a fresh data point on the company’s recent expansion in tokenized cash products.
Tokenized cash fund issuer Spiko said its assets under management (AUM) have surpassed $3 billion.
According to data on Spiko’s website, its AUM rose by about $374 million from 30 days earlier, a 14.07% increase.
Spiko said it took 21 months to reach its first $1 billion in AUM. It then took less than five months to grow from $1 billion to $2 billion, and less than four months to expand from $2 billion to $3 billion.
Foresight News previously reported that Spiko announced a $90 million Series B round on Oct. 6, led by New Enterprise Associates.
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