LQwD FinTech Corp. (TSX.V: LQWD) (OTCQB: LQWDF) CEO Reiterates Commitment to Simplifying Lightning Network Access and Use

December 6, 2021 13:41:02
  • Since January, The Lightning Network has seen a growth rate of over 205%, according to company co-founder and CEO Shone Anstey
  • Mid-November, LQwD took part in the Adopting Bitcoin – A Lightning Summit in El Salvador, a conference that brought together renowned industry experts in the Bitcoin and Lightning Network Community to discuss the future of money and payments in Central America and abroad
  • LQwD announced that it spent a total of C$9.2 million (US$7.17 million) to purchase 150 Bitcoins, with an average cost of approximately C$61,000 (US$48,000) per Bitcoin. This purchase further strengthens the company’s strategic growth initiative
The Co-Founder, Chairman, and CEO of LQwD FinTech (TSX.V: LQWD) (OTCQB: LQWDF), Shone Anstey, was recently featured on the InvestorBrandNetwork’s The Bell2Bell Podcast to discuss his company’s business model and proven track record in the cryptocurrency industry (https://ibn.fm/GIwdY). LQwD is a financial technology company focused on the creation of an enterprise-grade infrastructure that drives Bitcoin adoption. As a Lightning Network service provider, LQwD recently released its proprietary Lightning Network Platform as a Service (“PaaS”) – lqwd.tech, which allows users to easily create a node and payment channel on the network. “We abstract away all of the complications. You hit a button, and you can integrate the API into your system and get going on the Lightning Network very, very seamlessly,” Anstey explained. “That platform is live and running; Our routing nodes help transactions get where they need to… Read More>> NOTE TO INVESTORS: The latest news and updates relating to LQWDF are available in the company’s newsroom at https://ccw.fm/LQWDF About CryptoCurrencyWire CryptoCurrencyWire (“CCW”) is a financial news and content distribution company that provides (1) access to a network of wire services via InvestorWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets, (3) enhanced press release services to ensure maximum impact, (4) social media distribution via IBN (InvestorBrandNetwork) to nearly 2 million followers, and (5) a full array of corporate communications solutions As a multifaceted organization with an extensive team of contributing journalists and writers, CCW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, CCW brings its clients unparalleled visibility, recognition and brand awareness. CCW is where news, content and information about crypto converge. To receive instant SMS alerts from CryptoCurrencyWire, text “CRYPTO” to 77948 (U.S. Mobile Phones Only) For more information, please visit https://www.CryptoCurrencyWire.com Please see full terms of use and disclaimers on the CryptoCurrencyWire website applicable to all content provided by CCW, wherever published or re-published: https://CCW.fm/Disclaimer CryptoCurrencyWire (CCW) New York, New York www.CryptoCurrencyWire.com 212.994.9818 Office Editor@CryptoCurrencyWire.com CryptoCurrencyWire is part of the InvestorBrandNetwork.