Is Spiko EU T-Bills Money Market Fund a scam?

Asked about Spiko EU T-Bills Money Market Fund (EUTBL), market cap rank #68.

Short answer

Spiko EU T-Bills Money Market Fund (EUTBL) is rated B on isthiscoinascam.com. This is a moderate score — some risk signals were raised but no critical concerns.

Source: isthiscoinascam.com · Updated 2026-06-07

Red flags raised

  • No recent code commits
  • No hard cap on total token supply
  • A single wallet holds over 10% of supply
  • Top 10 wallets hold more than 50% of supply
  • Top 10 wallets hold more than 70% of supply
  • Upgradable proxy
  • Very few unique holders

Positive signals

  • 100% of total supply in circulation, indicating full liquidity
  • Managed by reputable entities: Twenty First Capital, CACEIS, PwC

Security audits

1 audit on record.

  • PwC (2024-06-01) — pass

Team transparency

The Spiko EU T-Bills Money Market Fund team is doxxed — public identities are known.

See the full report

Live price, contract security details, holder distribution, audit list, founder background and community ratings.

Open the full Spiko EU T-Bills Money Market Fund report →

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