📣📣 Big news for on-chain finance — and a major milestone for the industry!
We’re thrilled to announce that Bpifrance, the French Sovereign Wealth Fund, has successfully subscribed to the Spiko Euro Fund - the first fully tokenized money market fund (MMF) backed exclusively by French Treasury Bills - using its own treasury.
Shares of the fund were minted directly on-chain, marking a significant step forward in institutional adoption of blockchain-based finance.
With this move, Bpifrance becomes the first major financial institution to publicly allocate part of its treasury to a tokenized MMF.
📄 Press release available in both French and English below.