Paul-Adrien Hyppolite (Spiko): 10 Key Things You Must Know

Overview

Paul-Adrien Hyppolite is a prominent French entrepreneur and former civil servant in the financial sector, best known as the co-founder and CEO of Spiko, a pioneering fintech company based in Paris. With a strong background in economics, finance, and public service, Hyppolite has positioned himself at the intersection of finance and cutting-edge technology. Spiko, founded in 2023, focuses on transforming capital markets infrastructure by leveraging blockchain technology to democratize access to money market funds and risk-free interest rates. This article explores ten intriguing facets of Paul-Adrien Hyppolite's career, Spiko’s mission, and their innovative impact on European and global finance.

1. Early Career and Educational Background

Paul-Adrien Hyppolite's formative years were marked by rigorous academic training and prestigious positions in public service. He holds degrees from elite French institutions, including the École normale supérieure and École polytechnique, reflecting a strong foundation in economics and finance. Before founding Spiko, he worked in private equity and later served as the deputy head of the French Treasury’s Financial Markets Division. His experience also includes time as a senior civil servant at the European Commission, underscoring his deep understanding of European financial and regulatory frameworks.

2. Founding of Spiko and Its Vision

In 2023, Paul-Adrien co-founded Spiko with the goal of reimagining how financial services infrastructure operates, particularly in the fragmented and outdated European capital markets. Spiko's vision is radical: to develop a digital, open, and composable platform for the issuance, management, and distribution of tokenized money market funds. By applying distributed ledger technology, Spiko aims to simplify access to yield-bearing cash management products and reduce reliance on traditional intermediaries, paving the way for more efficient and transparent financial markets.

3. Spiko’s Product Innovation: Tokenized Money Market Funds

Spiko’s flagship offering centers on tokenized money market funds (MMFs) designed to provide seamless access to risk-free interest rates for individuals, SMEs, and startups. Unlike conventional MMFs, Spiko’s versions are built on an open-source blockchain infrastructure that enables real-time, 24/7 transfers and transparency. These funds comply with the UCITS framework and are approved by the French Financial Markets Authority (AMF), ensuring regulatory security while introducing innovation in financial product delivery.

4. Democratizing Access to Risk-Free Rates

One of Paul-Adrien Hyppolite’s key missions with Spiko is to flatten the pyramid-shaped financial system where only select entities have access to yield-bearing money. He emphasizes that in Europe, many businesses suffer from the mistaken belief that money cannot earn interest without taking on risk or locking it away. By providing easy access to daily interest through tokenized money market funds, Spiko enables broad market participation and enhances capital efficiency for businesses often ignored by traditional banks.

5. Challenges of European Financial Markets

Hyppolite’s work at Spiko is deeply inspired by the complex and fragmented nature of European financial regulations, which create barriers absent in more unified markets like the US. European companies face more difficulties converting assets to cash or accessing liquidity efficiently due to diverse regulatory regimes and legacy market structures. Spiko leverages technology to overcome these challenges, deploying blockchain to create a unified, transparent infrastructure that simplifies cross-border financial transactions and asset tokenization.

6. Role of Blockchain and Regulatory Compliance

Under Hyppolite’s leadership, Spiko incorporates blockchain technology not just for novelty but as a practical means to reduce intermediaries, improve settlement speed, and enhance transparency for asset management. The company operates with a strong commitment to regulatory standards—Spiko’s MMFs are approved by the AMF, and the platform ensures compliance with stringent European financial laws. This combination of innovation and compliance positions Spiko as a trusted player in the fintech ecosystem.

7. Strategic Partnerships and Market Traction

Since its launch, Spiko has grown organically to manage over €340 million in assets under management, processing nearly €775 million in working capital from more than 1,000 businesses. The company has established partnerships with firms such as Memo Bank and Fygr, broadening its reach in the financial services landscape. The rapid adoption reflects the market’s hunger for more agile, technology-driven cash management solutions that Hyppolite and his team envisioned.

8. Fundraising Success and Influential Investors

Reflecting confidence in both Hyppolite’s vision and Spiko’s approach, the company secured $22 million (€18.9 million) in Series A funding in 2025. Led by the prominent venture capital firm Index Ventures, the round also attracted notable angel investors including Revolut’s CEO Nik Storonsky and Wise’s CTO Harsh Sinha. This robust financial backing underlines Spiko’s potential to reshape treasury and cash management markets across Europe and beyond.

9. Integration with DeFi and Chainlink Collaboration

Paul-Adrien Hyppolite has highlighted Spiko’s integration with Chainlink’s industry-leading oracle technology, which provides transparent, reliable, and tamper-proof market data critical for tokenized assets. This integration enhances Spiko’s ability to maintain trustworthy, continuously updated valuations for its money market funds on blockchain networks like Ethereum. This bridge between traditional finance and decentralized finance (DeFi) reflects Hyppolite’s commitment to harnessing the best technologies for building next-generation, transparent capital markets.

10. Future Vision and Scaling Plans

Looking ahead, Hyppolite anticipates expanding Spiko’s product offerings beyond euros into multiple currencies with a broad European footprint and eventual entry into the US market. Plans include scaling assets under management to several billion euros, launching new financial products, and creating innovative use cases enabled by their tokenized infrastructure. As Spiko matures, Hyppolite and his team aim to democratize access to yield, improve capital efficiency, and redefine how money moves in the modern economy.

Conclusion

Paul-Adrien Hyppolite exemplifies the new breed of fintech visionary who blends deep financial expertise with cutting-edge technology to democratize and refresh capital markets infrastructure. Through Spiko, he is addressing real inefficiencies in European treasury and cash management, making risk-free interest accessible to a wider range of businesses and individuals. With strong investor confidence, strategic partnerships, and innovative blockchain integration, Hyppolite is poised to influence the future of finance. His journey raises compelling questions: How will tokenized finance reshape traditional banking, and what new opportunities will emerge for businesses seeking smarter cash management?