Financial News

LQwD FinTech Corp. (TSX.V: LQWD) (OTCQB: LQWDF) Launches New European Routing Nodes, Now Providing Nine Active Nodes on Lightning Network

  • LQwD has recently deployed additional routing nodes in Europe, namely in Italy, Sweden, Ireland, England and France
  • Since the US-West deployment in November 2021, LQwD has seen 157 nodes interconnected with more than 158 transaction channels over 10 Bitcoin through all channels
  • Arcane Research predicts that there will be as many as 700 million Lightning Network users by 2030
  • The global cryptocurrency market is expected to reach US$4.94 billion by 2030

LQwD FinTech Corp. (TSX.V: LQWD) (OTCQB: LQWDF), an emerging technology company developing payment infrastructure for the Bitcoin Lightning Network, has announced the deployment of additional European routing nodes. The company’s available European routing nodes include Italy, Sweden, England, Ireland, France, and Germany. Europe contains approximately 43% of all Lightning Network nodes — second to North America.

“LQwD’s launch of these additional nodes firmly positions us to increase our overall value on the network,” LQwD CEO Shone Anstey said, commenting on the launch of the new nodes (https://ibn.fm/whNL8). “Being a leading Lightning Network infrastructure and transaction facilitator has…

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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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