These funds are anchored in US treasury bonds and European government bonds respectively, aiming to democratize access to secure investments.
With $50 million committed, Spiko makes fund shares accessible to retail investors, not just qualified purchasers.
Spiko Democratizes Investment Access
What sets Spiko’s tokenized mutual funds apart is their decentralized nature and accessibility. Investors can self-custody their fund shares in any EVM-compatible wallet, providing unprecedented control and security. These tokens are also designed for 24/7 on-chain transferability and can serve as collateral within DeFi ecosystems.
This ensures blockchain as the authoritative ledger, reducing reliance on centralized databases by transfer agents.
Source: X
Moreover, token ownership in $USTBL and $EUTBL grants governance rights, allowing holders to influence the issuer’s decisions. This aligns with Spiko’s vision of empowering investors through decentralized governance mechanisms, a stark departure from traditional mutual funds’ opaque structures.
More About Spiko
Spiko identified a significant opportunity in launching tokenized funds based on their observation that there are currently $6 trillion in outstanding T-bills. The current market size for tokenized T-bills stands at just 0.01% of this total.
Source: X
This gap underscores Spiko’s strategic move to tap into a relatively untapped segment of the financial market, aiming to expand accessibility and leverage the potential of blockchain technology in transforming traditional asset management practices.
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