BI-MONTHLY SpotLight

LQwD FinTech Corp.
(TSX.V: LQWD) (OTCQB: LQWDF)

LQwD FinTech Corp. (TSX.V: LQWD) (OTCQB: LQWDF) is a financial technology company focused on creating enterprise-grade infrastructure to drive bitcoin adoption.

LQwD FinTech’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 of bitcoin. LQwD is also securing a substantial position in bitcoin as an operating asset and will use its holdings to establish nodes and payment channels on the Lightning Network.

The Lightning Network is a second-layer protocol, sitting above the bitcoin blockchain, intended to facilitate faster micro-transactions and lower fees on bitcoin transactions, thus allowing mass adoption of bitcoin.

LQwD expects the Lightning Network to eclipse the patchwork of legacy financial networks that are used to move value today. The company’s software will make migration from legacy networks onto the Lightning Network easy and seamless. By onboarding more financial service providers, LQwD intends to grow the value of the Lightning Network.

The company, formerly known as Interlapse Technologies Corp., is harnessing new payment rails built on top of the bitcoin blockchain that are capable of beyond visa-level transaction volumes and backed by bitcoin, the strongest and most well-known cryptocurrency. These new rails, enabled by the Bitcoin Lightning Network, open a vast opportunity and market segment for digital payments and financial services on a global scale. LQwD aims to leverage its position as a public company to enhance trust in its products and services, and leverage its shares as currency for acquisitions, roll-up and growth, as well as to attract and retain top industry talent.

Investment Considerations:

• The company completed the acquisition of LQwD Financial Corp. in June 2021.
• To date, the company has spent a total of C$8.3 million to purchase approximately 139 Bitcoins, which it now holds, at an average cost of approximately C$60,000 (US$48,000) per Bitcoin.
• LQwD FinTech investors gain exposure to bitcoin as an asset.
• Investors also gain exposure to the Lightning Network, which is positioned for rapid growth.

Additional Resources:

• Company Website
• Investor Presentation
• NewsRoom

RECENT COVERAGE

LQwD FinTech Corp. (TSX.V: LQWD) (OTCQB: LQWDF) Leveraging Increase in Blockchain Interest and All-Time Highs in Lightning Network Capacity

July 18, 2022

• LQwD is leveraging the Lightning Network through its 17 international nodes, with the goal of having 24 nodes by the end of the current quarter
• Active LQwD nodes include Canada, France, Japan, England, Italy, Indonesia, Bahrain, South Africa, South Korea, Sweden, Singapore, Hong Kong, Brazil, Germany, India, Ireland, and US-West
• LQwD released its PaaS offering in November 2021, providing easy node and channel management on the Lightning Network and LSPs for merchants
• The blockchain market is expected to grow at a CAGR of 68.4%, resulting in a projected value of US $67.4 billion by 2026

Despite the volatility of the cryptocurrency market, namely Bitcoin prices falling approximately 38% in June to end the month at less than US $20,000 (https://ccw.fm/ZdBpN ), the Lightning Network sees new all-time highs, boosting scaling capabilities of Bitcoin. The Lightning Network is a layer-2 scaling solution that makes Bitcoin transactions faster and lowers subsequent fees for sending and receiving across the network. The daily average capacity reported has crossed 4,167 BTC, up from the end of June, where reports showed a capacity of 3,962 BTC (https://ccw.fm/EVOiE ).

LQwD FinTech (TSX.V: LQWD) (OTCQB: LQWDF), a financial technology company focused on creating enterprise-grade infrastructure to drive bitcoin adoption, is scaling solutions through the Lightning Network. The company currently has 17 international nodes active on the Lightning Network, including Canada, France, Japan, England, Italy, Indonesia, Bahrain, South Africa, South Korea, Sweden, Singapore, Hong Kong, Brazil, Germany, India, Ireland, and US-West. To follow LQwD’s nodes on the Lightning Network, visit: https://lqwdfintech.com/lightning-netowrk-stats/ .

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