Bitso partners with Lightspark to bring Lightning to its platform, offering faster, cheaper Bitcoin transactions for its 8 million retail clients and 1,700 institutional customers.
Bitso leverages Lightspark's infrastructure for Lightning transfers, with control of private keys retained in a remote signing setup.
53% of Latin American crypto wallets hold Bitcoin, making Lightning a natural fit to enhance Bitso's existing infrastructure and trading pairs against local fiat currencies.
Lightspark CEO notes that Bitso's integration of Lightning aligns with the vision of building open payments for the Internet and responds to the demand for such solutions in Latin America.
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