Hey everyone in the crypto space, if you're keeping an eye on the latest in DeFi and tokenized real-world assets, you've got to check out this recent announcement from Spiko Finance. They're making waves by expanding to the Base network, and it's already showing impressive traction.

What’s the Big News?

Spiko Finance, a platform that's all about bridging traditional finance with blockchain, just rolled out support for Base, an Ethereum Layer 2 chain developed by Coinbase. This move brings their U.S. and E.U. Treasury Bill (T-Bills) Money Market Funds right onto the network. For those new to the term, T-Bills are short-term government securities that offer low-risk yields – think of them as a safe way to park your cash and earn interest.

What sets Spiko apart is that these are the world's first tokenized UCITS funds. UCITS stands for Undertakings for Collective Investment in Transferable Securities, which are regulated investment vehicles in the European Union designed to protect investors. By tokenizing them, Spiko makes these funds accessible onchain, combining the reliability of traditional finance with the innovation of Web3.

In their announcement, Spiko highlighted how Base is leading the charge in Euro stablecoin adoption, thanks to integrations like Circle's EURC and yield opportunities via Morpho Labs. Spiko is building on that by introducing regulated, yield-bearing collateral that's perfect for DeFi applications. And get this – more products are on the way.

Rapid Adoption on Base

The launch isn't just talk; it's backed by solid numbers. Just days after going live, around $4 million worth of Spiko's Money Market Fund (MMF) shares have been minted on Base. This data comes straight from Token Terminal's dashboard, a go-to source for crypto metrics.

Spiko's funds emphasize Web3 perks like self-custody, meaning you hold your own shares in your wallet without relying on a third party. They're available to KYC-verified non-U.S. users, ensuring compliance while opening doors to a global audience. KYC, or Know Your Customer, is a standard verification process to prevent fraud and meet regulatory requirements.

Looking at the bigger picture, Spiko's total value locked (TVL) across chains like Arbitrum One, Polygon, Ethereum, and now Base is sitting at over $443 million as of September 9, 2025. Arbitrum leads with about $213.8 million, followed by Polygon at $176.8 million, Ethereum at $48.9 million, and Base kicking off strong at $3.8 million. This stacked chart shows steady growth since October 2024, proving the demand for regulated onchain yields.

Why This Matters for Blockchain Practitioners

For anyone dabbling in meme tokens or broader DeFi strategies, tools like Spiko's tokenized funds could be a game-changer. They provide a stable, yield-generating base asset that you can use as collateral in protocols, hedge against volatility, or simply earn passive income on your holdings. In a world where meme coins can swing wildly, having access to low-risk, regulated options helps balance portfolios and attract more institutional interest to the space.

If you're interested in diving deeper, head over to Spiko's official website to learn about their Dollar and Euro Money Market Funds. You can open an account quickly and start earning daily interest with no lockups or fees.

This expansion is a prime example of how DeFi is maturing, blending compliance with cutting-edge tech. Keep an eye on Spiko – they're pioneering the future of capital markets onchain.

For the full details, check out the original thread on X. What do you think about tokenized T-Bills in DeFi? Drop your thoughts below!