According to The Block, Lightspark, the bitcoin lightning network company founded by former PayPal president and head of Meta cryptocurrency David Marcus, has released a product suite built on top of the bitcoin lightning network. User integration to support instant Bitcoin transactions on the Lightning Network, thereby eliminating the need for Lightning Network node operators to manually find the balance between inbound and outbound transactions. Foresight News previously reported that in May 2022, Lightspark completed a funding round led by a16z and Paradigm, raising approximately $173 million at a valuation of nearly $1 billion.