Achetez Spiko Digital Assets Cash & Carry Fund (SPKCC) en France

The Spiko Digital Assets Cash and Carry Fund, identified by the token symbol SPKCC, is a systematic investment fund designed to capture returns from the cryptocurrency market through a market-neutral strategy. The project is managed by Spiko, a fintech company founded by former French Treasury officials and specialists in data and finance. The fund operates by dynamically allocating its assets each month to the strategy that offers the highest expected net return. It chooses between two primary paths. The first is a classic crypto cash-and-carry trade, which involves taking a long position in the spot market for assets like Bitcoin or Ethereum while simultaneously taking a short position in the futures market on the Chicago Mercantile Exchange. This approach seeks to profit from the price difference between the current spot price and the future contract price, a phenomenon often seen when the market is in contango. The second path involves investing in short-duration U.S. Treasury bills when they offer more attractive risk-adjusted returns than the crypto carry trade. The goal of the fund is to provide predictable returns that exceed the standard risk-free rate without exposing investors to the directional price volatility of cryptocurrencies or traditional interest rate risks. It follows a rules-based strategy index calculated by external financial technology partners to ensure transparency and objectivity in its decision-making process. In the Web3 ecosystem, SPKCC is a tokenized representation of shares in the fund. These tokens are available across several major blockchain networks, including Ethereum, Polygon, Arbitrum, Base, and StarkNet. By tokenizing the fund, the project allows investors to hold their shares in their own digital wallets, facilitating easier custody and integration with other decentralized finance protocols. The underlying assets of the fund, such as the Treasury bills or the collateral for futures trades, are held by institutional-grade custodian banks. The project is regulated under European Union law as a money market fund, which places it within a framework of financial oversight. This structure is intended to bridge the gap between traditional finance and the digital asset space, offering institutional and corporate investors a way to manage idle cash and optimize yield through on-chain transparency. En savoir plus