Bakkt Partners With David Marcus’ Lightspark to Bring UMA to the Lightning Network

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Bakkt, the New York-based digital assets platform, has joined LightSpark as one of the first partners in a bid to offer Universal Money Address for KYC-verified transactions on top of the Lightning Network for B2B clients.

The first round of funding for the company was led by Andreessen Horowitz and Paradigm. Ribbit Capital, Thrive Capital, Zeev Ventures, and Felix Capital were some of the other investors who also participated in the round.

 

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