LQWD (TSX.V: LQWD) (OTCQB: LQWDF), a Bitcoin backed leader in providing global enterprise grade transaction infrastructure for the Bitcoin Lightning Network, reported that the total routing volume through its infrastructure now exceeds 775,000 transactions, routing more than 730 Bitcoin since launching in November 2021. According to the announcement, the August 2024 volume hit a new monthly record of 92,124 transactions or an average of 2,971 transactions per day. This represented a 61% increase over the previous 90-day monthly average. The company attributed this increase to strategic channel openings coupled with the company’s new automated rebalancing tools. By efficiently managing liquidity across the LQWD’s internal network of nodes, these tools enhance the company’s internal node stability and strengthen the routing paths available for its global routing node network.

To view the full press release, visit https://ibn.fm/cfDMt

LQWD Technologies Corp.

The internet lacks a protocol for money. LQWD is building the infrastructure to make instant, low cost, internet-powered payments happen. The company is building enterprise-ready infrastructure for open payments for the Internet at scale, using the Lightning Network. LQWD is a Bitcoin backed, audited publicly traded company. Its shares trade on the TSX Venture Market, trading symbol LQWD, and on the United States OTC Markets, symbol LQWDF. For more information about LQWD, visit www.lqwdtech.com.

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

About InvestorWire

InvestorWire (“IW”) is a specialized communications platform with a focus on advanced wire-grade press release syndication for private and public companies and the investment community. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, IW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, IW brings its clients unparalleled recognition and brand awareness. IW is where breaking news, insightful content and actionable information converge.

For more information, please visit https://www.InvestorWire.com

Please see full terms of use and disclaimers on the InvestorWire website applicable to all content provided by IW, wherever published or re-published: https://www.InvestorWire.com/Disclaimer

InvestorWire
Los Angeles, CA
www.InvestorWire.com
310.299.1717 Office
Editor@InvestorWire.com

InvestorWire is powered by IBN