CryptoCurrencyWire

BI-MONTHLY SpotLight


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

View The Complete Profile

LQwD FinTech Corp. (OTCQB: 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:

 
Full Profile

 


Recent Coverage

LQwD FinTech Corp. (TSX.V: LQWD) (OTCQB: LQWDF) Appoints Digital Transformation Expert as VP of Product, to Advance Its Lightning Network PaaS Offering

December 13, 2021 12:45 PM

  • Alexandra Moxin will leverage her years of experience in product, business development and digital transformation to help expand and promote the company’s platform, lqwd.tech
  • Ms. Moxin has previously worked in product marketing for Microsoft and is the founder and host of Advance Tech Podcast, one of the most popular podcasts in the emerging tech space
  • Launched mid-November, LQwD’s platform is fully scalable and adaptive and designed to simplify users’ access to the Lightning Network, while also making it easier to send payments instantly and securely

LQwD FinTech (TSX.V: LQWD) (OTCQB: LQWDF), a financial technology company focused on the creation of an enterprise-grade infrastructure that drives Bitcoin adoption and a Lightning Network provider, expanded its management team with a reputable digital transformation expert to help advance, grow, and promote the company’s Lightning Network platform-as-a-service (PaaS) offering. Alexandra Moxin, bringing more than a decade of experience in product, business development and digital transformation, was hired as Vice President of Product, effective immediately, according to a December 7, 2021, press release (https://ccw.fm/BN0BY). 

Continue Reading

Receive SMS Text Alerts from CryptoCurrencyWire

Text "CRYPTO" to 77948

(US Mobile Phones Only)

Featured Event

The North American Bitcoin Conference

JANUARY 17-19, 2022 - Miami, FL
James L Knight Center


Get ready to discover why TNABC is the single-most unmissable blockchain conference of the year.

Learn to navigate and lead the disruption and transform the landscape as blockchain continues to gain eminence across the globe.

Hear industry pioneers dissect practical applications and opportunities of our New Global Economy and Digital Revolution.

Connect with the industry’s best players and pioneers and gain the knowledge and relationships to uplevel your business, portfolio, and Rolodex.

Learn More About the Featured Event

Upcoming Events

View All Events

About CryptoCurrencyWire (CCW)

CryptoCurrencyWire (“CCW”) is a financial news and content distribution company, one of 40+ brands within our InvestorBrandNetwork (“IBN”), that provides: (1) access to a network of wire services via NetworkWire 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 to 1+ 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.

CryptoCurrencyWire is where news, content and information converge.

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

Please see full terms of use and disclaimers on the CryptoCurrencyWire (CCW) website applicable to all content provided by CCW, wherever published or re-published: http://CCW.fm/Disclaimer

Stay Informed
View the latest press releases and news articles covering blockchain and crytpocurrency related companies.

See The Latest

Connect With Us
Follow us on social media for the latest news and information from our network of brands and clients.

follow us on twitter  meet on linkedin  like us on facebook

CryptoCurrencyWire CryptoCurrencyWire
1202 Lexington Ave. Suite 117-CCW New York, NY 10028


Copyright © 2018. All Rights Reserved.