PANews reported on January 29 that French fintech company Spiko has deployed its tokenized US and EU Treasury bond money market funds on Arbitrum One, bringing institutional-grade investment assets to the L2 blockchain. These funds are regulated by the European Commission's UCITS, which provides a framework for the sale of mutual funds.

According to RWA.xyz, Spiko’s US Treasury Money Market Fund has seen net assets held grow 8% in the last 30 days to over $50 million. The fund has an APY of 4.37%, while its EU Treasury Money Market Fund has total assets of $95.1 million, up 10.9% in the last month.