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David Marcus unveils fresh Bitcoin company known as Lightspark

David Marcus unveils fresh Bitcoin company known as Lightspark

Lightspark, a brand fresh bitcoin-centered startup launched by worn Meta (Fb) crypto head David Marcus, is currently recruiting because it appears to be like to be like to construct around Bitcoin.

David Marcus, who headed Meta’s (beforehand Fb) cryptocurrency division, has announced a brand fresh startup that targets constructing on the utility around Bitcoin.

Dubbed Lightspark, Marcus says the fresh company will give attention to the capabilities of Bitcoin’s Lightning Network.

“I wished to share that we are beginning a brand fresh company known as Lightspark to stumble on, construct and lengthen the capabilities and utility of Bitcoin,” the worn Fb exec renowned in a tweet.

He added that the company’s “first step” entails “actively assembling a team to dive deeper into the Lightning Network.”

In remarks in regards to the fresh crypto market promote-off, Marcus stated:

Downturns are ethical moments to present attention to constructing and creating cost with mission-aligned other folks. We’re enraged to dive into Lightning, be taught more, and work alongside the neighborhood. We’ll share more about our work as we kind development!

Lightspark has bought backing in a financing round co-led by a16z and Paradigm, participation from Matrix Partners, Thrive Capital, Ribbit Capital and Coatue among a formula of investors.

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