At Consensus Hong Kong 2025, Spark launched products bridging DeFi’s stablecoin liquidity with off-chain institutional lending markets, introducing margin and custodial lending models for hedge funds and regulated borrowers.
Spark, a decentralized finance protocol, officially announced Spark Prime and Spark Institutional Lending at Consensus Hong Kong 2025. These offerings connect more than $9 billion in on-chain stablecoin liquidity to the $33 billion off-chain crypto lending market, targeting hedge funds, trading firms, and fintechs. Spark Prime offers margin lending under a unified risk framework through venues like centralized exchanges, DeFi platforms, and custodians, powered by Arkis’ margin and liquidation engine. Spark Institutional Lending serves firms preferring fully custodial participation via partners such as Anchorage Digital, enabling overcollateralized loans with regulated custody. The products aim to improve safety, capital efficiency, and expand institutional access to DeFi liquidity.