InvestorNewsBreaks – LQwD Fintech Corp. (TSX.V: LQWD) (OTC: LQWDF) Is First Third-Party LSP to Offer Lightning Network WalletMarch 02, 2023 at 10:08 AM EST
LQwD Fintech (TSX.V: LQWD) (OTC: LQWDF), a company focused on building infrastructure on the Bitcoin Lightning Network global micropayment system, has announced that its new open-lightning service model includes a leading Lightning Network wallet: Breez. With that announcement, LQwD becomes the first third-party Lightning Network service provider (“LSP”) with a leading Lightning Network wallet. According to the company, it’s new LSP model will connect LQwD’s global routing nodes to a Breez node on the Lightning Network, adding both volume and connectivity, earning additional fees from Breez’s incoming and outbound liquidity. Breez is a well-established, fast-growing, noncustodial Lightning Network wallet that enables users to buy, sell and pay for goods, services, and streaming content with low friction. “Becoming the first LSP connected with Breez and their Open-LSP model positions LQwD to provide liquidity to a fast-growing wallet operator and potentially capture significant transaction volume, generate yield on our Bitcoin holdings, all while maintaining full sovereignty and full custody,” said LQwD fintech chief executive officer Shone Anstey in the press release. To view the full press release, visit https://ibn.fm/42AH9 About LQwD Fintech Corp. LQwD is a Lightning Network service provider (“LSP”) focused on developing payment infrastructure and solutions accelerating the global megatrend of Bitcoin adoption through the Lightning Network. The company’s mission is to develop institutional-grade services that support the Lightning Network and drive improved functionality, transaction capability, user adoption and utility, and scaling Bitcoin. LQwD also holds Bitcoin that is used as an operating asset establishing nodes and payment channels on the Lightning Network. For more information, please visit www.LQwDFintech.com. NOTE TO INVESTORS: The latest news and updates relating to LQWDF are available in the company’s newsroom at https://ibn.fm/LQWDF About InvestorWire InvestorWire is the wire service that gives you more. From regional releases to global announcements presented in multiple languages, we offer the wire-grade dissemination products you’ll need to ensure that your next press release grabs the attention of your target audience and doesn’t let go. While our competitors look to nickel and dime you with hidden fees and restrictive word limits, InvestorWire keeps things transparent. As part of its service, InvestorWire provides coverage of noteworthy announcements. To further expand visibility of achievements being made throughout a multitude of sectors, InvestorWire’s syndication partners have extended the digital coverage to include individual broadcasts on financial websites and platforms visited by millions of investors daily. For more information, please visit https://www.InvestorWire.com Please see full terms of use and disclaimers on the InvestorBrandNetwork website applicable to all content provided by IBN, wherever published or re-published: http://ibn.fm/Disclaimer InvestorWire (IW) InvestorWire is part of the InvestorBrandNetwork More NewsView More
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