Victoria, Seychelles, June 17th, 2025,
Chainwire
Bitget, the leading global
cryptocurrency exchange and Web3 company, has announced the listing
of Spark (SPK), an onchain capital allocator. Trading will commence
under the SPK/USDT pair on 17 June 2025, 09:00 (UTC) with
withdrawals available on 18 June 2025, 10:00 (UTC). The token will
be listed in Bitget’s Innovation and DeFi Zone, reflecting its
status as a project at the forefront of decentralized finance.
Spark is a decentralized finance (DeFi) and real-world asset
(RWA) protocol focused on delivering optimized, risk-adjusted
returns for stablecoin holders. Operating as an onchain capital
allocator, Spark has deployed over $3.86 billion in liquidity
across leading blockchain networks including Ethereum, Arbitrum,
Base, Optimism, Unichain, and Gnosis Chain. At its core, Spark
offers three flagship products that work in synergy to support
stablecoin holders and enhance market liquidity. Spark Savings
allows users to earn competitive, risk-adjusted yields with minimal
liquidity constraints. SparkLend enables the borrowing of
stablecoins such as USDC and USDS against a variety of
collateralized assets. Meanwhile, the Spark Liquidity Layer (SLL)
improves liquidity across DeFi platforms, real-world assets, and
exchanges, creating more efficient capital flow throughout the
ecosystem.
The Spark ecosystem is powered by its native token, SPK, which
plays a central role in governance, staking, and reward
distribution. Through its decentralized and community-driven model,
Spark is building a more resilient and accessible financial
infrastructure for the digital economy.
As DeFi evolves to offer more sophisticated tools to users,
projects like Spark demonstrate how innovative capital allocation,
seamless cross-chain liquidity, and user-focused financial products
can unlock sustainable yields and bring institutional-grade
efficiency to the decentralized economy.
For more information about Spark (SPK), visit here.
About Bitget
Established in 2018, Bitget is the world's leading cryptocurrency exchange and
Web3 company. Serving over 120 million users in 150+ countries and
regions, the Bitget exchange is committed to helping users trade
smarter with its pioneering copy trading feature and other trading
solutions, while offering real-time access to Bitcoin price,
Ethereum price,
and other cryptocurrency prices. Formerly known as BitKeep,
Bitget Wallet is a leading
non-custodial crypto wallet supporting 130+ blockchains and
millions of tokens. It offers multi-chain trading, staking,
payments, and direct access to 20,000+ DApps, with advanced swaps
and market insights built into a single platform.
Bitget is at the forefront of driving crypto adoption through
strategic partnerships, such as its role as the Official Crypto
Partner of the World's Top Football League,
LALIGA, in EASTERN, SEA and LATAM markets, as well
as a global partner of Turkish National athletes Buse Tosun
Çavuşoğlu (Wrestling world champion), Samet
Gümüş (Boxing gold medalist) and İlkin
Aydın (Volleyball national team), to inspire the global
community to embrace the future of cryptocurrency.
For more information, visit: Website | Twitter | Telegram | LinkedIn
| Discord | Bitget Wallet
For media inquiries, please contact: media@bitget.com
Risk Warning: Digital asset prices are subject
to fluctuation and may experience significant volatility. Investors
are advised to only allocate funds they can afford to lose. The
value of any investment may be impacted, and there is a possibility
that financial objectives may not be met, nor the principal
investment recovered. Independent financial advice should always be
sought, and personal financial experience and standing carefully
considered. Past performance is not a reliable indicator of future
results. Bitget accepts no liability for any potential losses
incurred. Nothing contained herein should be construed as financial
advice. For further information, please refer to our
Terms of Use.
Contact
Simran
Alphonso
media@bitget.com