[Spark Abandons Consumer Applications, Transforms into a B2B Infrastructure Provider] According to CoinDesk, DeFi platform Spark has indefinitely shelved its consumer applications and shifted to a B2B2C model, offering yield and liquidity services to enterprises like Robinhood. Robinhood Earn's $200 million treasury operates on Morpho, with Spark serving as one of the three major collateral sources, enabling access to retail deposits without owning applications or customer relationships. Spark's annual revenue has dropped from $80 million during the bull market to $20 million during the bear market, with an outstanding OTC loan balance of $260 million, aiming to reach $1 billion by year-end. Spark has deployed stablecoin exchange liquidity on Uniswap v4, routing approximately $1.5 billion in trading volume in the first month, accounting for 30% of stablecoin exchange volume.