"Lightspark Acquires Striga to Enhance Global Payment Solutions on Bitcoin Network"

"Latham & Watkins LLP has advised Lightspark, a technology company focused on real-time payments on the Bitcoin network, in its acquisition of Striga, a European embedded finance and digital asset platform. This acquisition enhances Lightspark's capabilities in compliant, cross-border payment solutions, leveraging Striga's regulatory expertise and extensive licensing across 30 EEA countries. The advisory team included partners and associates from various Latham offices, providing expertise in areas such as IP, data privacy, employee benefits, antitrust, regulatory matters, and tax."

Latham & Watkins LLP advised Lightspark, a technology company focused on global, real-time payments on the Bitcoin network, in its acquisition of Striga, an embedded finance and digital asset infrastructure platform with a strong regulatory presence in Europe. The transaction enhances Lightspark's capabilities in providing modern payment solutions that enable businesses and financial institutions to conduct instant, transparent, and cross-border transactions through a single, open protocol. Striga's Virtual Asset Service Provider (VASP) license, which spans 30 countries within the European Economic Area (EEA), along with its regulatory expertise and financial services stack, bolsters Lightspark's position in compliant cross-border payment infrastructure. The Latham team involved in the transaction included London partners Stuart Davis and Shing Lo, Boston counsel Andy Moosmann, and associates Kelsey Kitchens and Sarah Weiswasser. Additional support was provided by Boston associate Debbie Hinck on U.S. IP and data privacy matters; Boston partner Josh Friedman and associate Rebecca Fishbein on employee benefits matters; London partner Stephanie Adams and associate Josephine Levy on European antitrust matters; Washington D.C. counsel Catherine Hein and associate Christine Kalpin on U.S. regulatory matters; and Chicago partner Enrique Rene de Vera on tax matters.

"Lightspark Acquires Striga to Enhance Global Payment Solutions on Bitcoin Network"

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