Spiko Finance has partnered with Chainlink to integrate its Cross-Chain Interoperability Protocol (CCIP), enabling compliant cross-network transfers for over $380 million in tokenized money market funds. The solution automates KYC/AML checks during transactions and eliminates redemption/re-subscription requirements when moving assets between blockchains.
Funds like euro-denominated EUTBL and USD-backed USTBL—regulated by French authorities—now benefit from secure, real-time transfers across chains. Chainlink's SmartData feature also provides live Net Asset Value updates, enhancing operational efficiency for institutional investors while maintaining strict regulatory compliance.