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Collateral Use Case

The shares of Spiko US T-Bills Money Market Fund (USTBL) and Spiko EU T-Bills Money Market Fund (EUTBL) possess key attributes that make them ideal collateral for financial institutions:

  • 24/7/365 Transferability: These shares are tokenized on a public ledger, enabling seamless global transactions at any time, unlike traditional cash or securities.
  • Minimal Financial Risk: They carry negligible counterparty and interest risk through backing by a portfolio of ultra short-term T-Bills.
  • Regulatory Oversight: As EU-regulated products, they benefit from independent supervision by the French Financial Markets Authority.
  • Institutional-grade Stakeholders: The Funds are operated by Tier-1 financial institutions.
  • Access to Daily Risk-free Rate: Holders earn the daily risk-free rate in their respective currencies.