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Token based cash fund issuer Spiko has completed a $90 million Series B funding round, led by New Enterprise Associates (NEA), bringing the company's total financing amount to $120 million. The Spiko tokenized cash fund business covers over 25 jurisdictions, with an asset management scale of $2.7 billion. The company plans to use the funds to launch more fund products, expand new markets, and increase team size. (Source: The Block)