DeFi Giant Spark Shelves Crypto App Plans to Focus on Institutional Infrastructure

DeFi Giant Spark Shelves Crypto App Plans to Focus on Institutional Infrastructure

The protocol will instead focus on "liquidity infrastructure and deals" such as its recent $1 billion investment into PayPal's PYUSD.

Strategic Shift: Why Spark Abandoned Mobile App For DeFi Infrastructure Focus

BitcoinWorld Strategic Shift: Why Spark Abandoned Mobile App for DeFi Infrastructure Focus In a surprising move that’s shaking up the DeFi space, Spark protocol has made a strategic decision to shelve its mobile app launch. Instead, the company is doubling down on what it does best: building DeFi infrastructure that powers the entire ecosystem. This pivot reveals important insights about where the real value lies in decentralized finance. Why Di…

Spark Pauses Plans for Mobile App as It Refocuses on DeFi Strengths

Decentralized finance leader Spark has decided to put its mobile app development on hold as the team shifts its attention back to its core strengths in DeFi infrastructure. Sam MacPherson, CEO of Phoenix Labsthe company behind Sparkconfirmed the decision during an interview at Devconnect Buenos Aires, emphasizing that the competitive landscape for consumer-facing apps isnt where the project sees its strongest advantage. According to MacPherson, …