LQwD FinTech (TSX.V: LQWD) (OTCQB: LQWDF), a company focused on developing institution-grade payment infrastructure, liquidity and solutions for the Lightning Network (“LN”), has launched 17 nodes internationally, positioning itself to secure future routing fees in the rapidly expanding global payments network. “LQwD’s international node selection now includes Canada, France, Italy, Indonesia, Japan, England, Bahrain, South Africa, South Korea, Sweden, Singapore, Brazil, Germany, India, Ireland, Hong Kong, and the U.S. LQwD launched its first node in November 2021, US-West, and since that time, it has amassed a capacity of 5.78671656 BTC (US$118,805.11),” a recent article reads. “Since launching our first Lightning Network node in November 2021, LQwD’s nodes have already routed over 72 BTC and over 36,000 transactions, which is extremely encouraging in these early stages,” LQwD CEO Shone Anstey said. “We are making excellent progress establishing LQwD as a serious network participant and, in coming months, we will launch the LQwD business-to-business platform (now in beta), which also allows retail customers to take advantage of the economics and efficiencies of the network.”
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About LQwD FinTech Corp.
LQwD is a Lightning Network Service Provider (“LSP”) focused on developing payment infrastructure and solutions accelerating the global mega trend 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 and acquires Bitcoin as an operating asset, establishing nodes and payment channels on the Lightning Network. For more information, visit the company’s website at www.LQwDFinTech.com.
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