Spark Protocol Shifts Strategy: Halts Consumer Crypto App to Build Institutional DeFi Infrastructure

Major DeFi protocol Spark has announced a significant strategic pivot, shelving its planned consumer-facing cryptocurrency application to concentrate exclusively on developing institutional-grade infrastructure. The decision reflects Spark's commitment to strengthening core DeFi systems for enterprise-level adoption, marking a notable shift in the decentralized finance landscape as protocols increasingly target institutional participation in blockchain ecosystems.