
Institutional adoption is expected to be the most significant growth vector for DeFi in the coming years. Spark has positioned itself to be a major player in this growing market by offering a suite of institutional-grade solutions.
SparkLend is the largest institutionally-focused lending market on Ethereum, with over $5 billion in deposits.
Spark Savings provides the ultimate treasury management solution with deep on-chain stablecoin liquidity ($4.2 billion) and competitive risk-adjusted rates (4%).
Spark Liquidity Layer provides capital to the DeFi ecosystem, such as Maple, to service off-chain OTC crypto loans ($200 million deployed).
Spark is expanding its institutional offerings through an integration with Anchorage Digital, America's first federally regulated crypto platform, via Atlas, Anchorage Digital's rapid settlement infrastructure, to extend its existing crypto-backed lending to institutional borrowers that are not yet comfortable coming on-chain and prefer custodial workflows. Anchorage Digital is a leading qualified custodian and provides tri-party OTC collateral management services to clients, enabling Spark to lend directly to counterparties while maintaining collateral monitoring and risk controls.
Initial borrowers under this structure include three institutional counterparties, which have borrowed $150 million USDC against $222 million of BTC collateral. The Spark Data Dashboard allows for real-time tracking of assets to ensure loans remain collateralized.
The size of the off-chain crypto lending market is estimated at around $33 billion, reflecting sustained institutional demand for crypto-backed loans outside of DeFi. Through its lending infrastructure and integration with qualified custodians, Spark provides institutions with access to large-scale liquidity. For more information, email contact@spark.fi.

Savings V2 Launches
Spark is on a mission to simplify DeFi. Savings V2 is the next step in achieving this goal by providing the Spark Universal Savings Rate (SUSR) to all major stablecoins across all major chains. Initially launching with support for USDC, USDT and ETH on Ethereum mainnet, Savings V2 will be progressively rolled out to more chains and stablecoins over the coming months.https://app.spark.fi/ (Snapshot taken Oct 14, 2025)A More Secure Approach to SavingsSpark Savings takes a conservative approach ...

Spark Roadmap: The next 6 months
A look back2025 has been a busy year for Spark. The year started with the launch of the Spark Liquidity Layer (SLL). This cross-chain, multi-asset allocation system enables Spark to access new lending opportunities, such as the Coinbase BTC Borrow product, which now supports $500 million of onchain loans directly to Coinbase users on Base. Coinbase kicked things off, but it is expected that most exchanges/fintechs will follow suit as the world races to get onchain. This is due to the cheap ca...

Spark Q4 2025 Financial Report
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Institutional adoption is expected to be the most significant growth vector for DeFi in the coming years. Spark has positioned itself to be a major player in this growing market by offering a suite of institutional-grade solutions.
SparkLend is the largest institutionally-focused lending market on Ethereum, with over $5 billion in deposits.
Spark Savings provides the ultimate treasury management solution with deep on-chain stablecoin liquidity ($4.2 billion) and competitive risk-adjusted rates (4%).
Spark Liquidity Layer provides capital to the DeFi ecosystem, such as Maple, to service off-chain OTC crypto loans ($200 million deployed).
Spark is expanding its institutional offerings through an integration with Anchorage Digital, America's first federally regulated crypto platform, via Atlas, Anchorage Digital's rapid settlement infrastructure, to extend its existing crypto-backed lending to institutional borrowers that are not yet comfortable coming on-chain and prefer custodial workflows. Anchorage Digital is a leading qualified custodian and provides tri-party OTC collateral management services to clients, enabling Spark to lend directly to counterparties while maintaining collateral monitoring and risk controls.
Initial borrowers under this structure include three institutional counterparties, which have borrowed $150 million USDC against $222 million of BTC collateral. The Spark Data Dashboard allows for real-time tracking of assets to ensure loans remain collateralized.
The size of the off-chain crypto lending market is estimated at around $33 billion, reflecting sustained institutional demand for crypto-backed loans outside of DeFi. Through its lending infrastructure and integration with qualified custodians, Spark provides institutions with access to large-scale liquidity. For more information, email contact@spark.fi.

Savings V2 Launches
Spark is on a mission to simplify DeFi. Savings V2 is the next step in achieving this goal by providing the Spark Universal Savings Rate (SUSR) to all major stablecoins across all major chains. Initially launching with support for USDC, USDT and ETH on Ethereum mainnet, Savings V2 will be progressively rolled out to more chains and stablecoins over the coming months.https://app.spark.fi/ (Snapshot taken Oct 14, 2025)A More Secure Approach to SavingsSpark Savings takes a conservative approach ...

Spark Roadmap: The next 6 months
A look back2025 has been a busy year for Spark. The year started with the launch of the Spark Liquidity Layer (SLL). This cross-chain, multi-asset allocation system enables Spark to access new lending opportunities, such as the Coinbase BTC Borrow product, which now supports $500 million of onchain loans directly to Coinbase users on Base. Coinbase kicked things off, but it is expected that most exchanges/fintechs will follow suit as the world races to get onchain. This is due to the cheap ca...

Spark Q4 2025 Financial Report
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