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Lightspark has announced significant updates during its first Partner Summit, Sync, held in Los Angeles. The company introduced two new foundational capabilities for its Universal Money Address (UMA) standard, which is now supported by partners in over 80 countries. Additionally, Lightspark unveiled 'Spark,' an open-source Bitcoin Layer 2 solution designed for stablecoins and self-custodial wallets. Spark enables instant, cost-effective transactions of Bitcoin and tokens, allowing users to send and receive payments natively via the Lightning Network. The summit attracted partners, clients, and investors from over 140 countries, marking a milestone in Lightspark's mission to innovate money transfer methods.
JUST IN: @lightspark introduces Spark, a Bitcoin L2 that enables instant and cheap self-custodial transactions of bitcoin while also enabling users to send and receive natively via Lightning 👀 https://t.co/2GAH1emTOA
Yesterday, we held our first Partner Summit, Sync. Partners, clients, and investors operating in over 140 countries joined us in Los Angeles for a State of the Union of Lightspark two years after we started our journey to reinvent how money moves. We also announced new products… https://t.co/XcD8zjCPqs
Yesterday was a special moment for @Lightspark. Our partner summit, Sync, was full of energy and excitement. We announced progress with the Universal Money Address standard (UMA) with live partners in 80+ countries, Lightspark Extend that makes Lightning compatible with banking… https://t.co/PxgEs6T6sm
