EUTBL by Spiko

Who is Spiko?

Spiko is a financial technology company that specializes in tokenizing traditional financial instruments, particularly European Treasury Bills. They provide access to institutional-grade money market funds through blockchain technology, enabling users to participate in traditional financial markets while maintaining the benefits of decentralized finance.

Find out more about Spiko.

What is EUTBL?

EUTBL (Spiko EU T-Bills) is Spiko's wrapped version of their EU T-Bills Money Market Fund, designed to provide enhanced composability and integration capabilities within the DeFi ecosystem. When users invest in Spiko's EU T-Bills Money Market Fund, they receive EUTBL tokens, which represent their position in the underlying European Treasury Bills. EUTBL is then created by wrapping the fund shares, making it compatible with ERC-20 standards and easier to integrate with various DeFi protocols. This makes EUTBL an ideal collateral asset for protocols like EUR0, as it combines the stability of European Treasury Bills with the flexibility of a wrapped token.