Spiko EU T-Bills Money Market Fund

Spiko EU T-Bills Money Market Fund is a tokenized, fully licensed EUR money market fund regulated under the European Union's financial framework, represented on-chain by the EUTBL token. It is designed for investors who want exposure to short-dated Treasury Bills issued by the strongest Eurozone member states, with the fund capping average portfolio maturity at under two months. The product aims to bring a traditional, regulated cash-management instrument onto public blockchains, reducing the friction of accessing euro-denominated government money market exposure.

Each EUTBL token represents a share in the underlying licensed fund, whose assets are restricted to Eurozone sovereign Treasury Bills with maturities of less than six months. The token exists across several blockchain ecosystems — including Ethereum, Polygon, Arbitrum, Base, Starknet, and Stellar — meaning holders can transfer or settle positions on whichever of those networks they use. No consensus algorithm is native to the token itself; settlement relies on whichever underlying chain processes the transaction, while the fund's legal and custodial mechanics are governed by EU regulation off-chain.

The data stored for this asset contains no fee-stream figures, so this site has no fee-based metrics to report for EUTBL. In practice, licensed money market funds typically earn a spread between the yield on their underlying securities and the expenses charged to investors, but none of those figures appear in the data provided here. The fully diluted valuation equals the market capitalization, reflecting that 100 percent of supply is already in circulation and there is no dilution overhang, as confirmed by the dilution overhang percentage of 0.0.