🇪🇺 The French fintech Spiko takes a major new step in Europe.
The company has just obtained its MiFID authorization, a key regulatory status that opens the doors to the entire European Union. This now allows it to freely distribute its tokenized money market funds to investors in the zone.
An acceleration for the French startup, which is consolidating its position in the digital assets market. Obtaining this authorization marks an important milestone: it demonstrates that European regulators recognize the protocols for tokenizing traditional assets.
The battle to dominate the money token market in Europe is intensifying. The doors are finally opening for compliant players.
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GreenCandleCollector
· 17h ago
MiFID has been implemented, and the French are up to their tricks again, but this time it seems to be something substantial.
Speaking of compliance, is it really that valuable? Once European regulators loosen up, these projects take off immediately.
Tokenized assets have indeed become competitive; we need to keep up quickly.
Is this going to be a game only for big players again?
Can this really provide opportunities for retail investors? It depends on how things develop next.
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TxFailed
· 17h ago
ngl, finally seeing eu regulators actually getting it... took them long enough tbh. spiko's mifid stamp is basically the "we're serious" card everyone's been waiting for, technically speaking
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BearEatsAll
· 18h ago
Now Europe is really going to start tokenizing
Wait, can MiFID really let them issue tokens at will?
Spiko is quite lucky this time, much faster than us
Finally, someone has broken this deadlock
Compliance is actually taking off first, how ironic
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SchroedingerGas
· 18h ago
Did Spiko get MiFID? Europe is really starting to take tokenization seriously
It's about time, compliant players finally have a chance
The French have a good move, the EU market is huge
MiFID is still a paper tiger, to be honest...
Tokenized money fund sounds good, but how many people will actually use it?
Wait, this also means other teams can follow the compliance route... competition is about to escalate
🇪🇺 The French fintech Spiko takes a major new step in Europe.
The company has just obtained its MiFID authorization, a key regulatory status that opens the doors to the entire European Union. This now allows it to freely distribute its tokenized money market funds to investors in the zone.
An acceleration for the French startup, which is consolidating its position in the digital assets market. Obtaining this authorization marks an important milestone: it demonstrates that European regulators recognize the protocols for tokenizing traditional assets.
The battle to dominate the money token market in Europe is intensifying. The doors are finally opening for compliant players.