Spiko Integrates Coinbase Payment Rails Into EU-Regulated T-Bill Funds

Paris-based fintech firm Spiko has taken a significant step in bridging traditional finance and the digital asset ecosystem by integrating Coinbase Payments into its two European Union-regulated UCITS Treasury funds. The move allows investors to subscribe and redeem holdings using USDC and EURC stablecoins, with all transactions processed through Base — Coinbase's own Layer 2 blockchain network.

This integration marks a notable development in the growing intersection of regulated investment vehicles and blockchain-based payment infrastructure. By connecting EU-compliant treasury products with Coinbase's stablecoin rails, Spiko is effectively opening a new gateway for crypto-native investors to access traditional fixed-income instruments without having to exit the digital asset space entirely.

The two funds involved are structured under the UCITS framework, one of Europe's most stringent regulatory standards for investment funds. This means that despite leveraging blockchain technology for payment flows, the underlying products remain fully compliant with EU financial regulations — a combination that could appeal to institutional and retail investors alike who are looking for regulated exposure to US Treasury bills while retaining the flexibility of stablecoin transactions.

Using Base as the settlement layer adds another layer of efficiency. As a low-cost, high-throughput Ethereum Layer 2 network developed by Coinbase, Base enables faster transaction finality compared to the main Ethereum network, while keeping fees minimal. For fund subscriptions and redemptions, this translates to a smoother and more cost-effective user experience.

The support for both USDC — a dollar-pegged stablecoin — and EURC — its euro-denominated counterpart — gives investors flexibility depending on their preferred currency exposure. This dual-currency approach reflects the increasingly global nature of crypto-integrated financial products and could lower barriers for European investors in particular.

Spiko's move is part of a broader trend in which asset managers and fintech startups are experimenting with blockchain settlement to reduce friction in traditional fund operations. With regulatory clarity gradually improving across Europe following the implementation of the MiCA framework, more firms are expected to follow suit in combining regulated fund structures with decentralized payment infrastructure.

The partnership with Coinbase Payments positions Spiko at the forefront of this convergence, demonstrating that compliant, regulated investment products and crypto payment rails are no longer mutually exclusive — they can, in fact, complement each other in meaningful ways for modern investors.