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Ex-Meta crypto chief David Marcus launches Bitcoin payments startup backed by a16z and Paradigm

After his departure from Facebook in November, many crypto industry insiders speculated where long-time executive David Marcus would land. Today, the former Messenger boss and Paypal executive offered some early details on his next company Lightspark, which will be building on Bitcoin’s Lightning network.
Marcus will serve as CEO with a number of ex-Meta crypto team members serving in executive positions.
Details are scant on what exactly the startup is doing. A short press release notes that the startup is aiming “to explore, build and extend the capabilities and utility of Bitcoi

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