tl;dr
European fintech Spiko has integrated Chainlink CCIP to enable multichain access to over $380 million in tokenized funds, including its euro-denominated EUTBL and U.S. dollar-denominated USTBL money market funds. This cross-chain capability allows investors to transfer tokens across blockchain netwo...
European fintech platform Spiko has integrated Chainlink CCIP to unlock multichain access to over $380 million in tokenized funds. This new cross-chain capability eliminates the need for users to redeem and re-subscribe across networks, streamlining operations while enhancing access to its regulated money market products.
Spiko now offers seamless access to its euro-denominated EUTBL money market fund using Chainlink CCIP’s cross-chain messaging. Previously, EUTBL tokens existed on multiple chains but lacked a direct transfer mechanism, causing inefficiencies for institutional investors. With CCIP, investors can move shares across chains without liquidation or duplicate subscriptions, reducing settlement friction, preserving capital continuity, and improving fund distribution across blockchain networks.
The EUTBL token, backed by short-term euro-denominated government securities, remains regulated under France’s financial market authority. Chainlink CCIP provides the infrastructure for cross-chain interoperability without compromising compliance. Spiko enforces strict operational oversight over EUTBL’s identity verification and compliance protocols during transfers. Chainlink's solution meets regulatory standards and reduces time delays, with the token’s fungibility across chains enhancing investor confidence in seamless asset mobility.
Alongside EUTBL, Spiko’s U.S. dollar-denominated USTBL fund also gains cross-chain operability through Chainlink CCIP. USTBL, backed by U.S. Treasury bills, offers institutional-grade exposure to traditional markets via blockchain. Chainlink CCIP enables efficient multichain deployment and frictionless asset reallocation, supporting KYC and AML compliance during token transfers between blockchain networks. The CCIP standard guarantees transaction security while maintaining fund characteristics and investor eligibility. This advancement allows users to access USTBL from multiple blockchain environments without asset redemption, aligning with Spiko’s strategy for secure, compliant blockchain-based fund issuance across jurisdictions.
Spiko has already implemented Chainlink SmartData for real-time NAV calculations, ensuring transparency. Chainlink CCIP now enhances this infrastructure with secure cross-chain connectivity, strengthening tokenized fund access and scalability. Chainlink continues to grow its presence in financial markets through partnerships with regulated platforms like Spiko, supporting tokenized assets while satisfying the technical and regulatory requirements of institutional-grade deployments.
The partnership between Spiko and Chainlink aims to scale fund accessibility by bringing institutional capital into the multichain tokenization framework. This integration offers operational efficiency, cross-network liquidity, and regulatory compliance across jurisdictions, positioning Chainlink as a key provider for on-chain interoperability in traditional finance.