Category: News

Spiko Raises $90M as Tokenized Cash Funds Hit $2.7B in Assets

By Aliyu Pokima Key highlights: Spiko raised $90 million in fresh funding, pushing its total capital raised to $120 million as demand for tokenized cash products accelerates. Spiko’s tokenized cash funds now hold $2.7 billion in assets, spanning euros, dollars, pounds and Swiss francs across more than 25 jurisdictions. The company plans to expand across […]

EtherFi Launches USD Stablecoin With Ethena Managing $300M+ Reserves

By Hassan Shittu Key highlights: Ether.fi is launching a branded stablecoin using Ethena’s infrastructure for issuance, redemptions, and compliance. Ether.fi owns the customer-facing brand, while Ethena manages operations, while the backing choice (USDe vs. USDtb) remains undisclosed. Ethena’s white-label stablecoin service is expanding rapidly (Jupiter’s jupUSD, MegaETH’s USDm, Maple Finance, Sui also exploring). Ether.fi is […]