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Spiko Reports $2.38 Billion in Tokenized Cash Fund Assets Reaching Business Treasuries
(17 hours ago) · 1 source · Summarized by CryptoBipto
Spiko has reported $2.38 billion in its SAFO tokenized cash fund product, indicating growing adoption of tokenized money market funds among business treasuries. The milestone reflects a broader trend of traditional financial products being brought on-chain for corporate use.
WHY IT MATTERS
Think of a money market fund as a savings account for businesses — a safe place to park cash and earn a small return.
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SOURCES
- newsbtc.com
RELATED
TokenizationReal-World AssetsCorporate TreasuryMoney Market Funds
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