LQWD Becomes Key Liquidity Service Provider with New Partnership

• LQWD Technologies Corp. partners with Amboss Technologies as a premiere institutional Lightning Network Liquidity service provider.
• Amboss offers specialized data analytics and products for the Bitcoin Lightning Network, including Magma and Hydro for market organization and liquidity automation.
• LQWD to contribute an initial 10 Bitcoin in liquidity, with plans to deploy more throughout the partnership.
• LQWD's services include providing liquidity and earning fees for routing transactions on the Lightning Network.
• CEO Shone Anstey emphasizes the partnership's role in deploying company-owned Bitcoin to capture transaction volume and yield, while maintaining full control and custody.

VANCOUVER, BC / ACCESSWIRE / March 19, 2024 / LQWD Technologies Corp., (TSXV:LQWD, OTCQB:LQWDF) a leading infrastructure and liquidity provider for the Bitcoin Lightning Network, as well as a holder of Bitcoin as an operational asset, is pleased to announce its partnership as a premiere Lightning Network liquidity service provider (LSP) for Amboss Technologies Inc.("Amboss").

"Partnering with LQWD ensures that Amboss's global customers have direct access to institutional-grade liquidity for Bitcoin payments, allowing LQWD to generate additional yield through their nodes on the Lightning Network. Additionally, this partnership increases the supply side of Amboss's liquidity marketplace, enabling LQWD to fulfill the market demand for Lightning Network liquidity" stated Jesse Shrader, Co-Founder and CEO of Amboss.

Amboss specializes in providing data analytics solutions specifically tailored for the Bitcoin Lightning Network and offers products to create an orderly market on the Lightning Network through Magma and Hydro that provisions lightning liquidity. Magma serves as a liquidity marketplace for the Bitcoin Lightning Network, while Hydro delivers advanced liquidity automation to attain seamless Lightning Network payments.

With the escalating demand for both Amboss products, LQWD is positioned to play a pivotal role as a key institutional liquidity provider. As part of this partnership, LQWD will launch an initial tranche of 10 Bitcoin worth of liquidity to Amboss and deploy additional Bitcoin throughout the partnership. Amboss clients will acquire this liquidity from LQWD, with the latter retaining an initial fee and an additional fee for routing transactions over the Lightning Network.