UKTBL Spiko UK T-Bills Money Market Fund Rank #830

UKTBL is a tokenized money market fund issued by Spiko, structured as a UCITS-compliant vehicle that invests directly in short-term UK Treasury Bills denominated in British pounds. The fund is designed to provide yield that tracks the UK T-Bill rate, with subscriptions accepted from very small amounts and full liquidity available on a daily basis. The product is built around a multi-chain infrastructure that hosts its shareholder register across several networks, including Ethereum, Polygon PoS, Arbitrum One, Base, and Etherlink, allowing tokenized shares to be held and transferred across different blockchain environments. On-chain net asset value (NAV) data is delivered through Chainlink oracle feeds, ensuring that the tokenized share price remains aligned with the underlying fund's value. The fund's institutional backbone is provided by CACEIS, part of the Crédit Agricole group, which serves as depositary bank, while PwC acts as auditor. Regulatory oversight is carried out by the French Autorité des Marchés Financiers (AMF). UKTBL falls within the Real World Assets (RWA) category, representing a bridge between traditional UK government debt and on-chain finance.