Lightspark launches financial infrastructure for businesses and AI

Lightspark, a Bitcoin payment infrastructure company led by former PayPal CEO David Marcus, has launched Grid Global Accounts, a financial account service for businesses and artificial intelligence (AI), Forbes reported. Marcus explained that global remittances impose a significant cost burden on companies, which currently must pay fees to intermediaries to move funds and data on their behalf. He added that with Grid, this cost structure can be converted into a revenue source.