CryptoNewsBreaks – LQwD FinTech Corp. (TSX.V: LQWD) (OTCQB: LQWDF) Eyes Lightning Growth with >56K Transactions and Counting

September 1, 2022 11:12:02

LQwD FinTech (TSX.V: LQWD) (OTCQB: LQWDF), a company focused on developing institution-grade payment infrastructure, liquidity and solutions for the Lightning Network (“LN”), is leveraging its Bitcoin assets to grow and expand nodes across countries worldwide on the LN. “With a current node count of 19, LQwD’s LN reach includes Japan, England, Canada, France, Australia, Italy, Indonesia, Japan-Osaka, Bahrain, South Africa, South Korea, Sweden, Singapore, Hong Kong, Brazil, Germany, India, Ireland, and US-West. Using global nodes, LQwD has positioned itself for optimal growth on the network,” a recent article reads. “LQwD’s current strategy is to offer its PaaS for LN nodes and payment channels, provide LSP [liquidity service provider] routing and liquidity services, and continue accumulating Bitcoin as a treasury reserve asset for staking and liquidity. LQwD has seen rapid growth with over 56,000 transactions and growing. With a current Lightning Network representation in 19 countries, the company plans to expand to 24 by the end of the current quarter, where it can earn fees in Bitcoin for forwarding payments across 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.

NOTE TO INVESTORS: The latest news and updates relating to LQWDF are available in the company’s newsroom at https://ccw.fm/LQWDF

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