Lighter, a cryptocurrency trading protocol, has launched spot trading on its platform, with Ethereum (ETH) as the first asset available for deposit. Users can now deposit, withdraw, and transfer ETH on Lighter's Ethereum Layer 2 platform. The company plans to enable spot trading and introduce additional markets later this week. This development follows Lighter's recent $68 million funding round, led by Founders Fund and Ribbit Capital, completed on November 11.