Work where money works
Trillions in cash sit idle.
Join the team building the infrastructure to change that.
From zero to $2 billion in AUM, in under two years
A timeline of our growth.
2023
The Beginning
One conviction: treasury should never sleep
Paul-Adrien Hyppolite and Antoine Michon found Spiko in Paris, raise a $5M seed, and file with the French Financial Markets Authority for a product that doesn't exist yet in Europe. A full year of building before a single euro of AUM.
2023
The Beginning
Europe's first tokenized money market funds go live
Launch of the Spiko Money Market Funds (UCITS, invested in T-Bills), with custody at CACEIS and tokenization on public blockchain networks.
2023
The Beginning
$500 million under management
A $22M Series A led by Index Ventures in July, $500M in AUM by September, a GBP product in October. The bet starts paying off, fast.
2023
The Beginning
The second billion takes five months
$1B in AUM in February, $2B in July, and Smart Cash (SAFO) launched with Amundi in between. New currencies, new markets, an API for distributors, and a team growing across every function. This is where you come in.
Important:
This trade is justified only if the futures selling price (Step 2) exceeds the spot purchase price (Step 1), and if the resulting spread is greater than the return on risk-free assets, such as Treasury bills.
Understanding the risk profile
Risk 1
Money market funds
Spiko Cash & Carry
Risk 2
Short-term bond funds
Risk 3
Long-term bond funds
Risk 4
Multi-asset funds
Risk 5
European or U.S. equity funds
Risk 6
Emerging markets equity funds
Risk 7
Tech or crypto funds
Key figures
*Annualized net yield (after fees) over the past 31 days.