Blockchain Innovations: Spiko Brings T-Bills Money Market Funds to Etherlink
Expanding Blockchain Horizons
Spiko, an investment technology company, has made waves in the financial sector by announcing that its tokenized US and EU T-Bills Money Market Funds are coming to Etherlink, a Layer-2 (L2) blockchain built on Tezos (XTZ) technology. This was reported to Finbold on February 13.
Why Choose Etherlink?
Spiko’s expansion shows a commitment to the decentralized finance (DeFi) ecosystem. Known for its ultra-low transaction costs, Etherlink offers censorship resistance and speedy block times.
- Paul-Adrien Hyppolite, Spiko's co-founder and CEO, commented on the synergy between the company and Etherlink.
- Low transaction costs align perfectly with Spiko’s mission for financial inclusivity.
Accessing Yield-Generating Funds
With more than $165 million in assets and complete compliance with UCITS, Spiko's money market funds represented as tokenized shares USTBL and EUTBL demonstrate the potential of these real-world assets (RWA).
- The integration will provide Etherlink users with innovative, liquid tokenized savings solutions.
- Spiko's contribution enhances the digital finance landscape.
Democratizing Digital Finance
As Etherlink continues to grow, illustrated by the launch of uranium.io and the introduction of .etherlink domains, this partnership signifies a pivotal moment in the ever-expanding world of blockchain and crypto.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.