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LQWD Partners with Amboss to Enhance Bitcoin Lightning Network Liquidity

LQWD Technologies Corp. has announced a partnership with Amboss Technologies to become a premier institutional Lightning Network Liquidity service provider. This collaboration aims to supply Bitcoin payments' institutional-grade liquidity, leveraging LQWD's initial contribution of 10 Bitcoin towards liquidity efforts, with more to be deployed in the future. Amboss, known for its data analytics and liquidity solutions Magma and Hydro, will work alongside LQWD to enhance market efficiency on the Lightning Network. Jesse Shrader of Amboss highlighted the importance of this partnership in meeting the growing demand for Lightning Network liquidity.

Through this strategic alliance, LQWD is not only expected to expand its Bitcoin deployment but also to potentially capture a significant volume of transactions. CEO of LQWD, Shone Anstey, emphasized the company's ability to generate yield on its Bitcoin holdings while maintaining sovereignty and custody. The partnership is seen as a crucial step in fostering liquidity and efficiency within the Lightning Network ecosystem, aiming to address the increasing activity and demand for faster, more economical Bitcoin transactions facilitated by the network.

R. P.

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