IBN (InvestorBrandNetwork), a multifaceted communications organization engaged in connecting public companies to the investment community, is pleased to announce the release of the latest CryptoCurrencyWire Audio Production as part of its sustained effort to provide specialized content via widespread syndication channels.

The audio production features Shone Anstey, Co-Founder, Chairman and CEO of LQwD FinTech Corp. (TSX.V: LQWD) (OTCQB: LQWDF), a financial technology company focused on creating enterprise-grade infrastructure to drive bitcoin adoption.

To begin the interview, Anstey discussed his extensive background in tech and crypto leading up to his time with LQwD FinTech.

“I’ve been in tech for 25 years. … I heard about crypto in 2011 and got involved in 2012, so I’ve been in the bitcoin area for quite some time,” he said. “In 2015, I co-founded a company called Blockchain Intelligence Group. … We actually acquired a company called Netcoins.ca. … It is now Canada’s first publicly traded crypto exchange that actually has a license from regulators as of a few weeks ago. … I’m still there as a director and a large shareholder, but I’ve been involved in LQwD and the Lightning Network for the last two years. We’re working where I like to be – on stuff that’s cutting edge and about to become mainstream over the next few years. That’s the Lightning Network itself.”

Anstey then provided an overview of the Lightning Network and detailed how it could revolutionize bitcoin transactions and the entirety of the crypto space.

“The Lightning Network is a solution to scaling bitcoin,” he continued. “Bitcoin, which is the anchor cryptocurrency for the entire crypto market … is backed by millions of computers doing bitcoin mining, which helps secure the network and make it really safe with an immutable ledger. But it can only handle so many transactions with its current technology – about seven transactions a second. The Lightning Network steps in there and scales it to the next level.”

“The Lightning Network is a mesh-style network, very similar to how the internet functions. It’s made up of a series of nodes – computers and servers – and on those nodes you run open-source Lightning Network software,” he added. “That Lightning Network software creates payment channels to other companies running Lightning Network software. … This whole mesh network happens around the world. There’re now 60,000 nodes and all kinds of payment channels that have been growing very, very quickly over the last number of years. This year alone it’s increased by about 182% since January. … This whole interconnected mesh network … allows transactions to find a place very quickly with very low fees. It’s designed for massive volume. … You’re seeing the uptick with countries like El Salvador taking on bitcoin as a national currency. The Lightning Network is one of the catalysts to make that happen.”

Join both Shone Anstey, Co-Founder, Chairman and CEO of LQwD FinTech Corp. (TSX.V: LQWD) (OTCQB: LQWDF), and Jonathan Keim, IBN’s Director of Communications, as they discuss the long-term applications and potential for crypto, the benefits of LQwD’s position as a publicly traded company and the company’s business model relating to bitcoin investing.

To hear the entire episode, please visit: https://www.CryptoCurrencyWire.com/CryptoNewsAudio

The latest audio production from CryptoCurrencyWire continues to reinforce IBN’s commitment to the expansion of its robust network of brands, client partners, followers and the growing IBN Podcast Series. For more than 15 years, IBN has leveraged this commitment to provide unparalleled distribution and corporate messaging solutions to 500+ public and private companies.

To learn more about IBN’s achievements and milestones via a visual timeline, visit https://IBN.fm/TimeLine.

About LQwD FinTech Corp.

LQwD FinTech Corp. 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 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.

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

About IBN

IBN (InvestorBrandNetwork) consists of financial brands introduced to the investment public over the course of 15+ years. With IBN, we have amassed a collective audience of millions of social media followers. These distinctive investor brands aim to fulfill the unique needs of a growing base of client-partners. IBN will continue to expand our branded network of highly influential properties, leveraging the knowledge and energy of specialized teams of experts to serve our increasingly diversified list of clients.

Through NetworkNewsWire (“NNW”) and its affiliate brands, IBN provides: (1) access to a network of wire solutions 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 solutions to ensure maximum impact; (4) full-scale distribution to a growing social media audience; (5) a full array of corporate communications solutions; and (6) a total news coverage solution.

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

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

Forward-Looking Statements

This release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of the company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. In evaluating such statements, prospective investors should review carefully various risks and uncertainties identified in this release and matters set in the company\’s SEC filings. These risks and uncertainties could cause the company\’s actual results to differ materially from those indicated in the forward-looking statements.

Corporate Communications

IBN (InvestorBrandNetwork)
Los Angeles, California
www.InvestorBrandNetwork.com
310.299.1717 Office
[email protected]

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES

Lightning Network focused company, LQwD FinTech Corp. (TSXV: LQWD, OTC: LQWDF) (“LQwD” or the “Company”) is pleased to announce that it has entered into an amended and restated underwriting agreement to increase the size of its previously announced marketed offering (the “Offering”). The Offering is being conducted by a syndicate of underwriters (the “Underwriters”) led by Canaccord Genuity Corp. as lead underwriter.

Pursuant to the Offering, the Company intends to issue 20,000,000 Units at a price of C$0.35 per Unit for gross proceeds of C$7,000,000.  Each Unit will consist of a common share of the Company (a “Common Share”) and one half of one common share purchase warrant (each whole purchase warrant, a “Warrant”).  Each Warrant will be exercisable into one Common Share for a period of 24 months from the closing of the Offering at an exercise price of C$0.50, subject to adjustment in certain events. The closing of the Offering is expected to occur on or about October 28, 2021 (the “Closing”) and is subject to customary conditions, including approval of the TSX Venture Exchange (the “TSXV”).‎

The Company has granted the underwriters an option (the “Over-Allotment Option”), exercisable at any time for a period of 30 days after and including the closing of the Offering, to purchase up to an additional 3,000,000 Units on the same terms and conditions of the Offering.  The Over-Allotment Option may be exercisable to acquire Units, Common Shares and/or Warrants (or any combination thereof) at the discretion of the underwriters.

The Units will be offered in each of the provinces and territories of Canada, other than Québec, pursuant to a prospectus supplement to the Company’s short form base shelf prospectus dated September 15, 2021 (the “Prospectus”)  and in the United States on a private placement basis to “accredited investors” meeting ‎one or more ‎of the ‎criteria in Rule 501(a) of ‎Regulation ‎D ‎under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”) and to  “Qualified Institutional ‎Buyers” pursuant to the registration exemptions provided by Rule ‎‎144A of the U.S. ‎Securities Act‎.

The net proceeds from the Offering will be used to acquire Bitcoin and for general corporate and working capital purposes.

In consideration for their services, the Company will pay the Underwriters a cash fee equal to 7.0% of the aggregate gross proceeds of the Offering. The Underwriters will also be granted such number of compensation warrants (each, a “Compensation Warrant”) as is equal to 7.0% of the aggregate number of Units issued pursuant to the Offering. Each Compensation Warrant will be exercisable to acquire one common share of the Company (a “Compensation Warrant Share”) at an exercise price equal to the issue price of the Units (the “Offering Price”) for a period of 24 months from the closing of the Offering, subject to adjustment in certain events. The Company is entitled to designate certain subscribers to be included in the Offering (the “President’s List”). The cash fee and Compensation Warrants payable for President’s List orders will be reduced to 3.5% and 3.5% respectively.

The Company has applied to list the Common Shares, Warrant Shares and Compensation Warrant Shares issuable pursuant to the Offering on the TSXV. Copies of the Prospectus, following filing thereof, can be obtained on SEDAR at www.sedar.com and from Canaccord Genuity Corp., 2100, 609 Granville St, Vancouver BC V7Y 1H2. The Prospectus contains important detailed information about the Company and the proposed Offering. Prospective investors should read the Prospectus and the other documents the Company has filed on SEDAR at www.sedar.com  before making an investment decision.

No securities regulatory authority has either approved or disapproved of the contents of this press release. The Units, Common Shares, Warrants and Warrant Shares have not been and will not be registered under the U.S. Securities Act or any state securities laws. Accordingly, the securities described herein may not be offered or sold within the “United States” or to, or for the account or benefit of, a person in the “United States” or a “U.S. person” (as such terms are defined in Regulation S under the U.S. Securities Act) unless registered under the U.S. Securities Act and applicable state securities laws or pursuant to exemptions from the registration requirements. This news release does not constitute an offer to sell or a solicitation of an offer to buy any securities of LQwD in any jurisdiction in which such offer, solicitation or sale would be unlawful.

About LQwD

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 Bitcoin as an operating asset establishing nodes and payment channels across the Lightning Network.

For further information:

Ashley Garnot
Corporate Development
Phone: 1.604.669.0912
Email: [email protected]
Website: www.lqwdfintech.com

Forward-Looking Statements

This news release contains \”forward-looking information\” within the meaning of applicable securities laws. All statements, other than of historical fact, that address activities, events or developments that the Company believes, expects or anticipates will or may occur in the future (including, without limitation, statements regarding to the Offering generally, the use of the net proceeds thereof, the exercise of the Over-Allotment Option and the satisfaction of the conditions of the closing of the Offering, including the receipt, in a timely manner, of required approvals) are forward-looking statements. Forward-looking statements are generally identifiable by use of the words “may”, “will”, “should”, “continue”, “expect”, “anticipate”, “estimate”, “believe”, “intend”, “plan” or “project” or the negative of these words or other variations on these words or comparable terminology. Forward-looking statements are subject to a number of risks and uncertainties, many of which are disclosed in the Company’s public disclosure record on file with the relevant securities regulatory authorities, many of which are beyond the Company\’s ability to control or predict, that may cause the actual results of the Company to differ materially from those discussed in the forward-looking statements. Although the Company believes, in light of the experience of its officers and directors, current conditions and expected future developments and other factors that have been considered appropriate, that the expectations reflected in this forward-looking information are reasonable, undue reliance should not be placed on them because the Company can give no assurance that they will prove to be correct. Actual results and developments may differ materially from those contemplated by these statements. The statements in this press release are made as of the date of this release and the Company assumes no responsibility to update them or revise them to reflect new events or circumstances other than as required by applicable securities laws.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES

October 21, 2021 – Lightning Network focused company, LQwD FinTech Corp. (TSXV: LQWD, OTC: LQWDF) (“LQwD” or the “Company”) is pleased to announce that it has priced its previously announced marketed offering (the “Offering”). The Offering is being conducted by a syndicate of underwriters (the “Underwriters”) led by Canaccord Genuity Corp. as lead underwriter.

Pursuant to the Offering, the Company intends to issue 17,143,000 Units at a price of C$0.35 per Unit for gross proceeds of C$6,000,050.  Each Unit will consist of a common share of the Company (a “Common Share”) and one half of one common share purchase warrant (each whole purchase warrant, a “Warrant”).  Each Warrant will be exercisable into one Common Share for a period of 24 months from the closing of the Offering at an exercise price of C$0.50, subject to adjustment in certain events. The closing of the Offering is expected to occur on or about October 28, 2021 (the “Closing”) and is subject to customary conditions, including approval of the TSX Venture Exchange (the “TSXV”).‎

The Company has granted the underwriters an option (the “Over-Allotment Option”), exercisable at any time for a period of 30 days after and including the closing of the Offering, to purchase up to an additional 2,571,450 Units on the same terms and conditions of the Offering.  The Over-Allotment Option may be exercisable to acquire Units, Common Shares and/or Warrants (or any combination thereof) at the discretion of the underwriters.

The Units will be offered in each of the provinces and territories of Canada, other than Québec, pursuant to a prospectus supplement to the Company’s short form base shelf prospectus dated September 15, 2021 (the “Prospectus”)  and in the United States on a private placement basis to “accredited investors” meeting ‎one or more ‎of the ‎criteria in Rule 501(a) of ‎Regulation ‎D ‎under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”) and to  “Qualified Institutional ‎Buyers” pursuant to the registration exemptions provided by Rule ‎‎144A of the U.S. ‎Securities Act‎.

The net proceeds from the Offering will be used to acquire Bitcoin and for general corporate and working capital purposes.

In consideration for their services, the Company will pay the Underwriters a cash fee equal to 7.0% of the aggregate gross proceeds of the Offering. The Underwriters will also be granted such number of compensation warrants (each, a “Compensation Warrant”) as is equal to 7.0% of the aggregate number of Units issued pursuant to the Offering. Each Compensation Warrant will be exercisable to acquire one common share of the Company (a “Compensation Warrant Share”) at an exercise price equal to the issue price of the Units (the “Offering Price”) for a period of 24 months from the closing of the Offering, subject to adjustment in certain events. The Company is entitled to designate certain subscribers to be included in the Offering (the “President’s List”). The cash fee and Compensation Warrants payable for President’s List orders will be reduced to 3.5% and 3.5% respectively.

The Company has applied to list the Common Shares, Warrant Shares and Compensation Warrant Shares issuable pursuant to the Offering on the TSXV. Copies of the Prospectus, following filing thereof, can be obtained on SEDAR at www.sedar.com and from Canaccord Genuity Corp., 2100, 609 Granville St, Vancouver BC V7Y 1H2. The Prospectus contains important detailed information about the Company and the proposed Offering. Prospective investors should read the Prospectus and the other documents the Company has filed on SEDAR at www.sedar.com  before making an investment decision.

No securities regulatory authority has either approved or disapproved of the contents of this press release. The Units, Common Shares, Warrants and Warrant Shares have not been and will not be registered under the U.S. Securities Act or any state securities laws. Accordingly, the securities described herein may not be offered or sold within the “United States” or to, or for the account or benefit of, a person in the “United States” or a “U.S. person” (as such terms are defined in Regulation S under the U.S. Securities Act) unless registered under the U.S. Securities Act and applicable state securities laws or pursuant to exemptions from the registration requirements. This news release does not constitute an offer to sell or a solicitation of an offer to buy any securities of LQwD in any jurisdiction in which such offer, solicitation or sale would be unlawful.

About LQwD

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 Bitcoin as an operating asset establishing nodes and payment channels across the Lightning Network.

For further information:

Ashley Garnot
Corporate Development
Phone: 1.604.669.0912
Email: [email protected]
Website: www.lqwdfintech.com

Forward-Looking Statements

This news release contains \”forward-looking information\” within the meaning of applicable securities laws. All statements, other than of historical fact, that address activities, events or developments that the Company believes, expects or anticipates will or may occur in the future (including, without limitation, statements regarding to the Offering generally, the use of the net proceeds thereof, the exercise of the Over-Allotment Option and the satisfaction of the conditions of the closing of the Offering, including the receipt, in a timely manner, of required approvals) are forward-looking statements. Forward-looking statements are generally identifiable by use of the words “may”, “will”, “should”, “continue”, “expect”, “anticipate”, “estimate”, “believe”, “intend”, “plan” or “project” or the negative of these words or other variations on these words or comparable terminology. Forward-looking statements are subject to a number of risks and uncertainties, many of which are disclosed in the Company’s public disclosure record on file with the relevant securities regulatory authorities, many of which are beyond the Company\’s ability to control or predict, that may cause the actual results of the Company to differ materially from those discussed in the forward-looking statements. Although the Company believes, in light of the experience of its officers and directors, current conditions and expected future developments and other factors that have been considered appropriate, that the expectations reflected in this forward-looking information are reasonable, undue reliance should not be placed on them because the Company can give no assurance that they will prove to be correct. Actual results and developments may differ materially from those contemplated by these statements. The statements in this press release are made as of the date of this release and the Company assumes no responsibility to update them or revise them to reflect new events or circumstances other than as required by applicable securities laws.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES

Lightning Network focused company, LQwD FinTech Corp. (TSXV: LQWD, OTC: LQWDF) is pleased to announce that it is commencing a marketed offering (the “Offering”) of units (the “Units”) of the Company.  Each Unit will consist of one common share (a “Common Share”) and one-half of one common share purchase warrant of the Company (each whole such warrant, a “Warrant”), with each Warrant being exercisable to acquire one additional common share of the Company (a “Warrant Share”). The Offering is being conducted by a syndicate of underwriters (the “Underwriters”) led by Canaccord Genuity Corp. as lead underwriter.

The Offering is expected to be priced in the context of the market, with the final terms of the Offering to be ‎determined at the time of pricing. There can be no assurance as to whether or when the Offering may be ‎completed, or as to the actual size or terms of the Offering. The closing of the Offering will be subject to ‎market and other customary conditions, including approval of the TSX Venture Exchange (the “TSXV”).‎

The Company has granted the underwriters an option (the “Over-Allotment Option”), exercisable at any time for a period of 30 days after and including the closing of the Offering, to purchase up to an additional 15% of the Units sold pursuant to the Offering on the same terms and conditions of the Offering.  The Over-Allotment Option may be exercisable to acquire Units, Common Shares and/or Warrants (or any combination thereof) at the discretion of the underwriters.

The Units will be offered in each of the provinces and territories of Canada, other than Québec, pursuant to a prospectus supplement to the Company’s short form base shelf prospectus dated September 15, 2021 (the “Prospectus”)  and in the United States on a private placement basis to “accredited investors” meeting ‎one or more ‎of the ‎criteria in Rule 501(a) of ‎Regulation ‎D ‎under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”) and to  “Qualified Institutional ‎Buyers” pursuant to the registration exemptions provided by Rule ‎‎144A of the U.S. ‎Securities Act‎.

The net proceeds from the Offering will be used for general corporate and working capital purposes.

In consideration for their services, the Company will pay the Underwriters a cash fee equal to 7.0% of the aggregate gross proceeds of the Offering. The Underwriters will also be granted such number of compensation warrants (each, a “Compensation Warrant”) as is equal to 7.0% of the aggregate number of Units issued pursuant to the Offering. Each Compensation Warrant will be exercisable to acquire one common share of the Company (a “Compensation Warrant Share”) at an exercise price equal to the issue price of the Units (the “Offering Price”) for a period of 24 months from the closing of the Offering, subject to adjustment in certain events. The Company is entitled to designate certain subscribers to be included in the Offering (the “President’s List”). The cash fee and Compensation Warrants payable for President’s List orders will be reduced to 3.5% and 3.5% respectively.

The Company has applied to list the Common Shares, Warrant Shares and Compensation Warrant Shares issuable pursuant to the Offering on the TSXV. Copies of the Prospectus, following filing thereof, can be obtained on SEDAR at www.sedar.com and from Canaccord Genuity Corp., 2100, 609 Granville St, Vancouver BC V7Y 1H2. The Prospectus contains important detailed information about the Company and the proposed Offering. Prospective investors should read the Prospectus and the other documents the Company has filed on SEDAR at www.sedar.com  before making an investment decision.

No securities regulatory authority has either approved or disapproved of the contents of this press release. The Units, Common Shares, Warrants and Warrant Shares have not been and will not be registered under the U.S. Securities Act or any state securities laws. Accordingly, the securities described herein may not be offered or sold within the “United States” or to, or for the account or benefit of, a person in the “United States” or a “U.S. person” (as such terms are defined in Regulation S under the U.S. Securities Act) unless registered under the U.S. Securities Act and applicable state securities laws or pursuant to exemptions from the tregistration requirements. This news release does not constitute an offer to sell or a solicitation of an offer to buy any securities of LQwD in any jurisdiction in which such offer, solicitation or sale would be unlawful.

About LQwD

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 Bitcoin as an operating asset establishing nodes and payment channels across the Lightning Network.

For further information:

Ashley Garnot
Corporate Development
Phone: 1.604.669.0912
Email: [email protected]
Website: www.lqwdfintech.com

Forward-Looking Statements

This news release contains \”forward-looking information\” within the meaning of applicable securities laws. All statements, other than of historical fact, that address activities, events or developments that the Company believes, expects or anticipates will or may occur in the future (including, without limitation, statements regarding to the Offering generally, the terms thereof, the use of the net proceeds thereof, the exercise of the Over-Allotment Option and the satisfaction of the conditions of the closing of the Offering, including the receipt, in a timely manner, of required approvals) are forward-looking statements. Forward-looking statements are generally identifiable by use of the words “may”, “will”, “should”, “continue”, “expect”, “anticipate”, “estimate”, “believe”, “intend”, “plan” or “project” or the negative of these words or other variations on these words or comparable terminology. Forward-looking statements are subject to a number of risks and uncertainties, many of which are disclosed in the Company’s public disclosure record on file with the relevant securities regulatory authorities, many of which are beyond the Company\’s ability to control or predict, that may cause the actual results of the Company to differ materially from those discussed in the forward-looking statements. Although the Company believes, in light of the experience of its officers and directors, current conditions and expected future developments and other factors that have been considered appropriate, that the expectations reflected in this forward-looking information are reasonable, undue reliance should not be placed on them because the Company can give no assurance that they will prove to be correct. Actual results and developments may differ materially from those contemplated by these statements. The statements in this press release are made as of the date of this release and the Company assumes no responsibility to update them or revise them to reflect new events or circumstances other than as required by applicable securities laws.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

LQwD Fintech Corp. (TSXV: LQWD, OTC: LQWDF), is pleased to announce that it has entered into a strategic services agreement with Netcoins Inc. (“Netcoins”), a leading Canadian crypto trading platform and subsidiary of BIGG Digital Assets Inc. (“BIGG”) (CSE: BIGG).

Under the agreement, Netcoins will establish a node on the Bitcoin Lightning Network via LQwD’s proprietary Lightning PaaS (Platform as a Service) software. This marks the first institutional grade Lightning payment channel for Netcoins and BIGG.

Netcoins will also serve as preferred liquidity provider for LQwD’s wholly owned virtual currency platform, Coincurve.com. Additionally, BIGG’s Blockchain Intelligence Group (Blockchaingroup.io), and Netcoins’ affiliate, will provide Coincurve and LQwD’s Lightning Network Platform with a suite of institutional and government grade compliance software, including BitRank® and QLUE™.

Mark Binns, BIGG’s CEO, remarked, “As the only publicly owned and regulated crypto trading platform in Canada, becoming the liquidity partner for LQwD makes perfect sense. We can offer LQwD industry leading rates as an institutional customer, and bundle BitRank® and QLUE™ blockchain tech for a complete package. Correspondingly, we are thrilled to establish a node with LQwD on the fast-growing Lightning Network.\”

Shone Anstey, CEO of LQwD, commented, “We are grateful to have a strong relationship with Netcoins and Blockchain Intelligence Group as we expand our footprint in the rapidly emerging Bitcoin Lightning Network. LQwD can now leverage BitRank® and QLUE™ for our AML needs and route crypto purchases for Coincurve.com and additional platforms through Netcoins, Canada\’s first publicly traded, licensed crypto trading platform. It also allows Netcoins to have an early mover advantage in the Canadian markets for handling instant deposits and withdrawals of Bitcoin via LQwD’s Bitcoin Lightning Network platform.\”

About the Lightning Network

The Lightning Network is a solution to mass scaling the usage of Bitcoin for microtransactions globally, dramatically improving upon fees, as well as instant settlement times. The Lightning Network has experienced explosive growth in the past 90-days with node growth doubling and Lightning Network BTC capacity increasing 51.74%.  Some well-known companies such as Jack Dorsey’s Twitter and Square have expressed their enthusiasm to incorporate Lightning Network into their platforms.

About LQwD Fintech Corp.

LQwD is a Lightning Network 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 Bitcoin as an operating asset establishing nodes and payment channels across the Lightning Network.

About BIGG Digital Assets Inc.

BIGG Digital Assets Inc. (BIGG) believes the future of crypto is a safe, compliant, and regulated environment. BIGG invests in products and companies to support this vision. BIGG owns two operating companies: Netcoins (netcoins.ca) and Blockchain Intelligence Group (blockchaingroup.io).

Netcoins develops brokerage and exchange software to make the purchase and sale of cryptocurrency easily accessible to the mass consumer and investor with a focus on compliance and safety. Netcoins utilizes BitRank Verified^® software at the heart of its platform and facilitates crypto trading via a self-serve crypto brokerage portal at Netcoins.app.

Blockchain Intelligence Group is a global developer of blockchain technology building a secure future. Financial institutions and crypto companies depend on its technology to monitor risk from crypto transactions. Investigators and law enforcement quickly identify and track illicit activity. The crypto forensics technology was designed by investigators for investigators. Blockchain Intelligence Group is trusted globally by leading financial institutions, crypto companies, Fintech, Regtech, law enforcement and regulators. 

For further information:

Ashley Garnot, Corporate Development
Phone: 1.604.669.0912
Email: [email protected]
Website: www.lqwdfintech.com

Forward-Looking Statements

This news release contains \”forward-looking information\” within the meaning of applicable securities laws relating to the Company’s business plans and the outlook of the Company’s industry. Although the Company believes, in light of the experience of its officers and directors, current conditions and expected future developments and other factors that have been considered appropriate, that the expectations reflected in this forward-looking information are reasonable, undue reliance should not be placed on them because the Company can give no assurance that they will prove to be correct. Actual results and developments may differ materially from those contemplated by these statements. The statements in this press release are made as of the date of this release and the Company assumes no responsibility to update them or revise them to reflect new events or circumstances other than as required by applicable securities laws. The Company undertakes no obligation to comment on analyses, expectations or statements made by third parties in respect of the Company, LQwD, their securities, or their respective financial or operating results (as applicable).

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Lightning Network focused company, LQwD FinTech Corp. (TSXV: LQWD, OTC: LQWDF) announces that it has established routing nodes and has deployed Bitcoin into payment channels on the Lightning Network, providing essential liquidity to support the significant growth over the past year of the Lightning Network (LN).

This milestone is the first stage in the Company\’s Lightning Network platform becoming operational, providing infrastructure, solutions, and liquidity to support the development of the network and earning fees in the process.

The Lightning Network, a layer 2 payment protocol built on top of the Bitcoin blockchain, is composed of nodes (computers) running the LN software, connected to other nodes via payment channels allowing them to forward payments on the way to their final destination (payment recipient). Every payment channel needs enough Bitcoin on them for a payment to go through.  LQwD, as an LSP or Lightning Network Services Provider, stakes its Bitcoin on routing nodes to help ensure the functioning of the network where fees can be earned for forwarding transactions. The Company believes this growth, shown through the increased number of nodes, payment channels and overall network capacity, will continue. The Company intends to establish as large of a footprint as possible in order to capture transaction fees as network volume grows.

Recent use cases of the utility of the Lightning Network have been demonstrated in El Salvador through mainstream merchants such as McDonalds and Starbucks using it for payment, as well as Twitter enabling it for tipping on their global social media platform with 200 million daily active users.

Demonstrable growth of the Lightning Network since January 1, 2021:

For more information on the Lightning Network, please visit LQwDFintech.com or LQwDFintech.com/node-stats/.

About LQwD

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 Bitcoin as an operating asset establishing nodes and payment channels across the Lightning Network.

For further information:

Ashley Garnot, Corporate Development
Phone: 1.604.669.0912
Email: [email protected]
Website: www.lqwdfintech.com

Forward-Looking Statements

This news release contains \”forward-looking information\” within the meaning of applicable securities laws relating to the Company\’s business plans and the outlook of the Company\’s industry. Although the Company believes, in light of the experience of its officers and directors, current conditions and expected future developments and other factors that have been considered appropriate, that the expectations reflected in this forward-looking information are reasonable, undue reliance should not be placed on them because the Company can give no assurance that they will prove to be correct. Actual results and developments may differ materially from those contemplated by these statements. The statements in this press release are made as of the date of this release and the Company assumes no responsibility to update them or revise them to reflect new events or circumstances other than as required by applicable securities laws. The Company undertakes no obligation to comment on analyses, expectations or statements made by third parties in respect of the Company, LQwD Financial, their securities, or their respective financial or operating results (as applicable).

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Lightning Network focused company, LQwD Fintech Corp. (TSXV: LQWD, OTC: LQWDF) is pleased to announce that it has filed a final short form base shelf prospectus (the “Final Shelf Prospectus”) with the securities commissions in each of the provinces and territories of Canada, except Québec.

The Final Shelf Prospectus allows the Company to offer and issue up to $50 million of common shares, warrants, subscription receipts, units, debt securities or any combination of such securities (collectively, the \”Securities\”) during the 25-month period that the Final Shelf Prospectus is effective. The Securities may be offered separately or together, in amounts, at prices and on terms to be determined based on market conditions at the time of sale, which will be set forth in a prospectus supplement to be filed.

The Securities have not been registered under the U.S. Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements. This news release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the Securities in any State or jurisdiction in which such offer, solicitation or sale would be unlawful.

A copy of the Final Shelf Prospectus is available under the Company’s profile on SEDAR (www.sedar.com).

About the Lightning Network

The Lightning Network is a solution to mass scaling the usage of Bitcoin for microtransactions globally, dramatically improving upon fees, as well as instant settlement times. The Lightning Network has experienced explosive growth in the past 90-days with node growth doubling and Lightning Network BTC capacity increasing 51.74%.  Some well-known companies such as Jack Dorsey’s Twitter and Square have expressed their enthusiasm to incorporate Lightning Network into their platforms.

About LQwD Fintech Corp.

LQwD is a Lightning Network 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 Bitcoin as an operating asset establishing nodes and payment channels across the Lightning Network.

For further information:

Ashley Garnot, Corporate Development
Phone: 1.604.669.0912
Email: [email protected]
Website: www.lqwdfintech.com

Forward-Looking Statements

This news release contains forward-looking statements regarding potential financings pursuant to the Final Shelf Prospectus and the filing of one or more prospectus supplements. These forward-looking statements are provided as of the date of this news release, or the effective date of the documents referred to in this news release, as applicable, and reflect predictions, expectations or beliefs regarding future events based on the Company\’s beliefs at the time the statements were made, as well as various assumptions made by and information currently available to them. In making the forward-looking statements included in this news release, the Company has applied several material assumptions, including, but not limited to, the assumption that regulatory approval of any shelf prospectus filings and related offerings will be obtained in a timely manner; that general economic and business conditions will not change in a materially adverse manner; and that the Company will be able to raise funds on reasonable terms. Although management considers these assumptions to be reasonable based on information available to it, they may prove to be incorrect. By their very nature, forward-looking statements involve inherent risks and uncertainties, both general and specific, and risks exist that estimates, forecasts, projections and other forward-looking statements will not be achieved or that assumptions on which they are based do not reflect future experience. We caution readers not to place undue reliance on these forward-looking statements as a number of important factors could cause the actual outcomes to differ materially from the expectations expressed in them. These risk factors may be generally stated as the risk that the assumptions and estimates expressed above do not occur, but specifically include, without limitation, risks relating to: general market conditions; the Company\’s ability to secure financing, on favourable terms, pursuant to the Final Shelf Prospectus and any prospectus supplements; and the additional risks described in the Final Shelf Prospectus and the Company\’s Annual Information Form, and other disclosure documents filed by the Company on SEDAR. The foregoing list of factors that may affect future results is not exhaustive. When relying on our forward-looking statements, investors and others should carefully consider the foregoing factors and other uncertainties and potential events. The Company does not undertake to update any forward-looking statement, whether written or oral, that may be made from time to time by the Company or on behalf of the Company, except as required by law.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.