Bitspark
Cash remittances moved from bitcoin to fiat-pegged tokens
A blockchain remittance service connecting cash-based money transfers with cryptocurrency settlement.
- Capital raised (announced)
Disclosed token raise only; other backing was undisclosed.
Funding
| Round | Date | Announced | Investors |
|---|---|---|---|
| Zephyr initial coin offering | Unknown | Not disclosed |
Announced is what was said at the time. Cash actually received is rarely disclosed and is not assumed to match.
People
| Name | Role | Period | Now | Last checked |
|---|---|---|---|---|
| George Harrap | — | Not established | Oct 2026 |
How it ended
Co-founder Maxine Ryan attributed the shutdown to restructuring after her departure, alongside conditions in Hong Kong. Cointelegraph reported that account access would end and further withdrawal requests would go through support.
Still alive
Open spot
Bitspark is gone. Is your payments app still running?
Spotlight your project here.
Sources
4 sources behind this page.
- 1Bitspark (Zephyr) · BitcoinWiki · user-editable
- 2Why Bitspark Holds 1.75Bn Zephyr Tokens · Bitspark via Busy · user-editable
- 3Why Zephyr is based on Bitshares · Bitspark via Steemit · user-editable
- 4Bitspark Shuts Down Amid Restructuring, Coronavirus and Protests · Cointelegraph · Feb 2020
Every figure above is clickable and opens the sources behind it. Copies were stored when each source was read, so a citation still resolves after the page it came from is gone.