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Lightspark, a brand new bitcoin-focused startup launched by former Meta (Fb) crypto head David Marcus, is presently recruiting because it appears to construct round Bitcoin.
David Marcus, who headed Meta’s (previously Fb) cryptocurrency division, has introduced a brand new startup that targets constructing on the utility round Bitcoin.
Dubbed Lightspark, Marcus says the brand new firm will give attention to the capabilities of Bitcoin’s Lightning Community.
“I needed to share that we’re beginning a brand new firm known as Lightspark to discover, construct and prolong the capabilities and utility of Bitcoin,” the previous Fb exec famous in a tweet.
He added that the corporate’s “first step” entails “actively assembling a workforce to dive deeper into the Lightning Community.”
In remarks concerning the present crypto market sell-off, Marcus stated:
“Downturns are good moments to give attention to constructing and creating worth with mission-aligned folks. We’re excited to dive into Lightning, be taught extra, and work alongside the group. We’ll share extra about our work as we make progress!”
Lightspark has obtained backing in a financing spherical co-led by a16z and Paradigm, participation from Matrix Companions, Thrive Capital, Ribbit Capital and Coatue amongst different traders.
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