Apr 19, 2022
LQwD FinTech (TSX.V: LQWD) (OTCQB: LQWDF), an emerging technology company developing payment infrastructure for the Bitcoin Lightning Network (“LN”), today announced two important milestones. These include the company’s ten global routing nodes now collectively reaching over 10,000 transactions forwarded, as well as its deployment of a new routing node in India. Tech savvy and densely populated, India is ranked second in countries seeing the fastest growth in cryptocurrency adoption globally and has one of the strongest internet markets in the world, with approximately 750 million users. “We are experiencing excellent transaction growth since launching our first nodes in November 2021,” said LQwD CEO Shone Anstey. “The launch of our Indian routing node is yet another step in securing a strong presence on Bitcoin’s Lightning 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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