12 June 2024
Deals | France | FIN
Gide has advised Spiko, a French fintech company developing an infrastructure to tokenize shares or units of investment funds and distribute them, in the launch of two European Union tokenized money market UCITS managed by the asset management company Twenty First Capital.
Approved by the Autorité des marchés financiers (AMF), these tokenized money market UCITS are designed to enable individuals, small and medium-sized enterprises (SMEs), and startups to easily gain exposure to the money market through fully digitalized processes and products.
Gide also assisted in the €4M pre-seed fundraising led by Frst.
The Gide team consisted of partners Guillaume Goffin and Louis Oudot de Dainville, counsel Matthieu Lucchesi, and Myriam Danicourt.