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    WebsCrypto—News—Bitcoin News—David Marcus Launches New Company to Explore Building Bitcoin’s Functionality and Utility
    Bitcoin News

    David Marcus Launches New Company to Explore Building Bitcoin’s Functionality and Utility

    By WebsCryptoMay 13, 2022
    David Marcus Launches New Company to Explore Building Bitcoin’s Functionality and Utility
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    David Marcus, former head of cryptocurrency at Meta, announced the launch of Lightspark, a company that explores, builds, and expands Bitcoin’s functionality and utility. The first step will be to explore Bitcoin’s Lightning Network.

    Lightspark also closed an undisclosed funding round co-led by Andreessen Horowitz (a16z) and Paradigm, with participation from Thrive Capital, Coatue, Felix Capital, Ribbit Capital, Matrix Partners and Zeev Ventures.

    David Marcus said: “During economic downturns is a great time to focus on building and creating value with people with a sense of purpose, and we’re excited to learn more about the Lightning Network and work with the community. We will share more information about our project as we progress.

    DISCLAIMER: The information provided by WebsCrypto does not represent any investment suggestion. The articles published on this site only represent personal opinions and have nothing to do with the official position of WebsCrypto.
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