Spiko says its largest tokenized fund holds $2.39B in assets

Image: The Cryptonomist
French fintech platform Spiko hosted the world’s largest tokenized fund as of late October 2026, with about $2.39 billion in assets under management , the company said. Its reported total put it ahead of funds from Circle and BlackRock, following rapid growth in both assets and investors. Key takeaways Spiko reported topping Circle’s USYC and BlackRock’s BUIDL at October’s end. An October funding round raised $90 million at roughly an $800 million valuation. Spiko’s blockchain-based money market funds operate under the EU’s UCITS framework. London expansion is underway, with potential U.S. entry targeted for 2027. Spiko’s claim to the largest tokenized fund Spiko said in a website post that its fund ranked above Circle’s USYC and BlackRock’s BUIDL at the end of October 2026.
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