Spiko ranks sixth among RWA issuers with $2.5B in tokenized assets

Spiko, a French tokenization platform founded just three years ago, now manages roughly $2.55 billion in on-chain assets, placing it among the top six real-world asset issuers globally.

The platform’s nine active funds span Eurozone T-bills, US Treasury bills, and UK gilts, all wrapped in a UCITS-compliant structure. Spiko is regulated by France’s AMF, charges management fees of just 0.25% on its T-bill and money market fund products, and uses institutional-grade custodians including CACEIS and BNY Mellon. PwC handles audits. Minimum investments start as low as $1 equivalent.

Spiko’s flagship product, the Spiko Amundi Overnight Swap Fund (eurSAFO), accounts for approximately $1.39 billion in assets alone. Its EU T-Bills MMF fund adds another $767 million to $792 million. Together, those two products represent the vast majority of Spiko’s total AUM.

Spiko’s tokenized fund shares require both identity verification and allowlisting before investors can access them.

Spiko distributes its assets across four major blockchains: Stellar, Arbitrum, Ethereum, and Polygon. Stellar carries the heaviest load, hosting roughly $1.6 billion worth of Spiko’s tokenized assets.

The platform currently counts around 15,680 holders across its tokenized fund shares. Every single holder has been KYC’d and approved.

Spiko’s ranking puts it just behind heavyweights like Securitize and Ondo Finance in the tokenization leaderboard. Crossing the $1 billion AUM threshold in early 2026 was the inflection point, and the platform has more than doubled since then.

Spiko’s founders came from France’s civil service before launching the company in 2023. The UCITS-compliant fund structure means Spiko’s products are distributable across the European Union under a framework that asset managers and allocators already trust.

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