Book Online or Call 1-855-SAUSALITO

Sign In  |  Register  |  About Sausalito  |  Contact Us

Sausalito, CA
September 01, 2020 1:41pm
7-Day Forecast | Traffic
  • Search Hotels in Sausalito

  • CHECK-IN:
  • CHECK-OUT:
  • ROOMS:

CryptoNewsBreaks – LQwD Fintech Corp. (TSX.V: LQWD) (OTC: LQWDF) Announces Entry into Strategic Agreement, Increase of Bitcoin Holdings

LQwD Fintech (TSX.V: LQWD) (OTC: LQWDF), a Bitcoin Lightning Network focused company developing institution-grade payment infrastructure and solutions, today announced its entry into an agreement with Israeli-based Breez Development Ltd., a leading Lightning Network service provider. As part of the agreement, LQwD intends to offer Lightning Network liquidity services to Breez clients and provide on-demand Lightning Network channels whenever required. In addition, LQwD will run one or more Breez-modified Lightning Network routing nodes and, upon completion of services, Breez will add LQwD as a liquidity partner. “We are excited to work with Breez and become a liquidity partner within the Breez App. This development is another step forward for LQwD’s mandate of positioning the company as the most prominent institutional-grade Lightning Network service provider,” said Shone Anstey, CEO of LQwD Fintech Corp. “In addition, we will continue to acquire Bitcoin as an operating and strategic asset, enabling the company to establish nodes and payment channels on the rapidly growing Lightning Network as well as benefit from potential capital appreciation.”

In addition, LQwD announced that it has increased its holdings by acquiring a further number of Bitcoins since its previous release. The company has spent a total of C$8.3 million to date in the purchase of approximately 139 Bitcoins, which it now holds, each at an average cost of approximately C$60,000 (US$48,000).

To view the full press release, visit https://ccw.fm/yf8oe

About LQwD Fintech Corp.

LQwD is a Lightning Network Service Provider (“LSP”) focused company developing payment infrastructure and solutions. 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 across 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

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.

Data & News supplied by www.cloudquote.io
Stock quotes supplied by Barchart
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.
 
 
Photos copyright by Jay Graham Photographer
Copyright © 2010-2020 Sausalito.com & California Media Partners, LLC. All rights reserved.