SPZ Legal Advises Striga in Lightspark Acquisition

SPZ Legal is pleased to announce that we represented Striga, a leading blockchain infrastructure company, in its acquisition by Lightspark, a company building open payments for the Internet that are modern, always-on and powered by Bitcoin.

The acquisition aligns two innovators working to make global money movement faster, more compliant, and more accessible. Striga’s compliance-native infrastructure—trusted by companies across Europe—will now bolster Lightspark’s mission to deliver programmable, scalable payment solutions on top of Bitcoin.

About the Transaction

Lightspark publicly announced the acquisition on October 14, 2025, noting that Striga’s technology and regulatory foundations strengthen Lightspark’s ability to offer businesses an end-to-end solution for sending, receiving, and managing real-time payments. Striga's team will join Lightspark to expand capabilities around:

Global KYC, KYB, and AML compliance
Digital asset wallet infrastructure
Modular APIs enabling businesses to integrate secure payment rails
European licensing and regulatory frameworks

This transaction represents a significant step forward for enterprise adoption of blockchain-powered payments.

SPZ Legal’s Role

SPZ Legal served as transaction counsel for Striga, supporting the company through all stages of the deal, including:

Transaction structuring
Deal negotiation
IP, regulatory, and commercial diligence
Cross-border considerations
Closing documentation and execution

Our team advised Striga, emphasizing practical guidance, clear communication, and strategic alignment with the company’s long-term product and regulatory roadmap. Prior to the transaction, SPZ represented Striga in its incorporation, fundraising, and corporate governance legal needs.

Why This Matters for the Industry

The combination of Lightspark and Striga brings together:

Deep regulatory expertise
Trusted EU compliance infrastructure
Next-generation Bitcoin technology
Developer-friendly tools for building global payments applications

For fintechs, exchanges, and global platforms that handle cross-border payments, this acquisition signals a growing shift toward real-time, programmable money movement backed by transparent compliance.

About Striga

Striga provides APIs and infrastructure that enable companies to build compliant digital asset experiences—including wallets, cards, onboarding, and payments. Its focus on KYC/KYB, AML, and European licensing has made it a trusted partner for fintech and crypto companies across the region.

About Lightspark

Lightspark is building open payments for the Internet—modern, always-on payment solutions powered by Bitcoin: the only open, neutral network for moving value. With enterprise tools like Connect, UMA, and Spark, businesses can send and receive money instantly, securely, and at a fraction of the cost, anytime, anywhere. Follow on X @lightspark.

About SPZ Legal

SPZ Legal partners with founders, startups, and high-growth technology companies on matters including M&A, funding, commercial agreements, data privacy, IP, employment, and regulatory strategy. We focus on delivering practical, business-aligned legal counsel to help innovative companies scale.