Press Releases
- January 30, 2024
LQWD’s Bitcoin Lightning Network Routing Volume Achieves Record Milestone
January 30, 2024 – Vancouver, Canada – LQWD Technologies Corp., (TSXV: LQWD, OTC: LQWDF) a leading infrastructure and liquidity provider for the Bitcoin Lightning Network, as well as a holder of Bitcoin as an operational asset, announces the milestone of surpassing over 325,000 in transaction routing volume across the Company’s global node network.
Since the initial launch of LQWD’s first LN node in November 2021, routing transaction volume is consistently achieving month-over-month organic growth at an impressive rate, with the top performing nodes in Canada, USA, Indonesia, France, and Germany.

A key factor that has attributed to LQWD’s volume acceleration is the collection of key data points and the implementation of AI to improve performance. Since leveraging AI to optimize and automate channel opening, LQWD’s nodes have now connected to more than 1,000 channels across the network, with the Company’s Canada node ranking amongst the top seven of more than 14,000 reported nodes over the LN network. Moreover, the Company’s Canada node hit record volume in December 2023 with nearly 35,000 transactions routed, which is a substantial volume breakout that can be attributed to LQWD’s AI powered capabilities.
Shone Anstey, LQWD’s CEO, commented “We are beginning to see a network effect taking place with 1,200% growth in transactions over the LN in the past two years as well as increasing interest and funding from Venture Capital companies. Our team is very excited and can foresee the opportunities for LQWD as the only publicly traded Bitcoin Lightning Network pure play within the rapidly growing eco-system. Furthermore, LQWD is firmly established as a LN focussed company with a revenue generating model in place to capture continued growth of the network and the associated transaction fee revenue.”
With the completion of the recent private placement, which was fully subscribed predominately by existing shareholders and directors, LQWD is well positioned for organic growth as well as growth through acquisition.
For more details, check out LQWD Technologies Corp.’s corporate presentation, and stay updated on Lightning Network node growth or connect to our nodes in real time.
About Lightning Network
Bitcoin Lightning Network is a payment layer for the internet. LN leverages the power of Bitcoin’s supreme trust protocol, which facilitates instant peer-to-peer transaction faster than any other payment rail. It is reported that LN activity has increased by 1200% over the past two years with participants such as MicroStrategy (MSTR) driving adoption and developing enterprise grade LN tools for business, taking advantage of the unmatched capability of the network.
Most recently, LN announced the integration of stable coin transaction capability, which opens LN to a much wider user base. Furthermore, many of the world’s top cryptocurrency exchanges are integrating LN into their platforms as well as forward-thinking global business as LN transacts dramatically faster and cheaper than current payment rails such as Visa and Mastercard.
About LQWD Technologies
LQWD is a Bitcoin Lightning Network Liquidity Provider focused on developing payment infrastructure and solutions accelerating the global mega trend of Bitcoin adoption through the Lightning Network. LQWD also owns Bitcoin that is used as an operating asset establishing nodes and payment channels on the Lightning Network.
For further information:
Ashley Garnot, Director
Phone: 1.604.669.0912
Email: [email protected]
Website: www.lqwdtech.com
Twitter: @LQWDTech
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, considering 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.
- January 22, 2024
LQWD Announces Closing of Non-Brokered Private Placement
Vancouver, British Columbia, January 22, 2024 – Bitcoin Lightning Network Service Provider, LQWD Technologies Corp. (“LQWD” or the “Company”), is pleased to announce that it has closed its previously announced non-brokered private placement for aggregate gross proceeds of $650,000 (the “Private Placement”). The Private Placement was originally announced on December 21, 2023.
Under the Private Placement, LQWD has issued an aggregate of 1,625,000 units of the Company (each a “Unit”) at a price of $0.40 per Unit for aggregate gross proceeds of $650,000. Each Unit is comprised of 1 common share of the Company and 1 common share purchase warrant, with each warrant being exercisable for 1 common share at an exercise price of $0.60 per common share at any time up to 24 months following the closing date of the Private Placement. The common shares and warrants issued pursuant to the Private Placement, as well as the common shares issuable upon exercise of the warrants, if any, are subject to a statutory hold period of 4 months and a day ending on May 23, 2024, in accordance with applicable securities law.
In connection with the Private Placement, the Company did not pay finder’s fees.
Shone Anstey is an insider of the Company, as CEO and a director of the Company, and holds 7.32% of the common shares of the Company on a partially diluted basis. Alex Guidi is also an insider of the Company, as a director of the Company, and holds 8.14% of the common shares of the Company on a partially diluted basis.
Mr. Anstey participated in the Private Placement by purchasing 62,500 Units for an aggregate subscription price of $25,000, and Mr. Guidi participated in the Private Placement by purchasing 325,000 Units for an aggregate subscription price of $130,000, and accordingly, the Private Placement constitutes a “related party transaction” for the Company within the meaning of Multilateral Instrument 61-101 – Protection of Minority Security Holders in Special Transactions (“MI 61-101”). The Company is exempt from the requirements to obtain a formal valuation and minority shareholder approval under MI 61-101 as the fair market value of Mr. Anstey’s and Mr. Guidi’s participation in the Private Placement does not exceed more than 25% of the market capitalization of the Company, as set forth in Sections 5.5(a) and 5.7(1)(a) of MI 61-101.
About LQWD Technologies
LQWD is a Lightning Network Liquidity Provider focused on developing payment infrastructure and solutions accelerating the global mega trend of Bitcoin adoption through the Lightning Network. LQWD also owns Bitcoin that is used as an operating asset establishing nodes and payment channels on the Lightning Network.
For further information:
Ashley Garnot, Director
Phone: 1.604.669.0912
Email: [email protected]
Website: www.lqwdtech.com
Twitter: @LQWDTech
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, considering 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.
This press release shall not constitute an offer to sell or the solicitation of an offer to buy the Units, nor shall there be any sale of the Units in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such jurisdiction. The Units being offered will not be, and have not been, registered under the United States Securities Act of 1933, as amended, and may not be offered or sold within the United States or to, or for the account or benefit of, a U.S. person.
- December 21, 2023
LQWD Announces Non-Brokered Private Placement
Vancouver, British Columbia, December 21, 2023 – Bitcoin Lightning Network Service Provider, LQWD Technologies Corp. (“LQWD” or the “Company”), announces that it intends to complete a non-brokered private placement of up to 1,625,000 units of the Company (“Units”) at a price of $0.40 per Unit for aggregate gross proceeds of up to $650,000 (the “Private Placement”). The Company’s shares trade on the TSX Venture Exchange (“TSXV”), trading symbol “LQWD”, and the OTCQB, trading symbol “LQWDF”.
Each Unit will consist of one common share of the Company and one common share purchase warrant, with each warrant exercisable into one common share at an exercise price of $0.60 per share at any time up to 24 months following the closing date of the private placement.
The net proceeds from the Private Placement will be used for, but are not limited to, continuing to expand LQWD’s Lightning Network business and general working capital purposes.
Completion of the Private Placement is subject to certain conditions including, but not limited to, the receipt of all necessary regulatory approvals, including acceptance of the TSXV.
In connection with the Private Placement, the Company will not pay finder’s fees.
About LQWD Technologies
LQWD is a Lightning Network Liquidity Provider focused on developing payment infrastructure and solutions accelerating the global mega trend of Bitcoin adoption through the Lightning Network. LQWD also owns Bitcoin that is used as an operating asset establishing nodes and payment channels on the Lightning Network.
For further information:
Ashley Garnot, Director
Phone: 1.604.669.0912
Email: [email protected]
Website: www.lqwdtech.com
Twitter: @LQWDTech
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, considering 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.
This press release shall not constitute an offer to sell or the solicitation of an offer to buy the Units, nor shall there be any sale of the Units in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such jurisdiction. The Units being offered will not be, and have not been, registered under the United States Securities Act of 1933, as amended, and may not be offered or sold within the United States or to, or for the account or benefit of, a U.S. person.
- October 31, 2023
LQWD announces interim report for six-months ending august 31, 2023
Vancouver, British Columbia, October 31, 2023 – LQWD Technologies Corp. (TSXV: LQWD, OTC: LQWDF) (“LQWD” or the “Company”) announces has filed its financial results for the six- months ending August 31, 2023. A copy of LQWD’s financial statements and management discussion and analysis for the interim period ending August 31, 2023, are available on SEDAR+ at www.sedarplus.ca and on the company’s website at www.lqwdtech.com.
Highlights for the reporting period include the implementation of AI technology integrated into LQWD’s Lightning Network nodes, resulting in a 4,500% increase in channels for the LQWD-Canada node. The node now ranks among the top five nodes on the entire Lightning Network, recently surpassing the Kraken exchange node.
During the reporting period, LQWD appointed accomplished public company executive Alex P. Guidi to its Board of Directors and closed two non-brokered private placements totaling $1,182,000. LQWD is well positioned to capitalize on its Lightning Network business, with no debt, approximately $1.1 million in working capital, and ~114 Bitcoin that is beginning to earn fees in the form of Satoshi’s on the network.
Overall growth of the Lightning Network continues to accelerate at a phenomenal pace with network transaction volumes growing by 1,200% growth over the past two years. LQWD’s 18 strategically placed international nodes also continue to achieve growth reaching transaction volume now over 240,000. With the implementation of AI to the Company’s operations, combined with exponential growth of the Lightning Network, it is expected LQWD’s Lightning business will also increase at a rapid rate.
About LQWD Technologies
LQWD Technologies Corp. is a Lightning Network Liquidity Provider focused on developingmpayment infrastructure and solutions accelerating the global mega trend of Bitcoin adoption through the Lightning Network. LQWD also owns Bitcoin that is used as an operating asset establishing nodes and payment channels on the Lightning Network.
For further information:
Ashley Garnot, Director
Phone: 1.604.669.0912
Email: [email protected]
Website: www.lqwdtech.com
Twitter: @LQWDTech
Forward-Looking Statements
This press 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, considering 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 press 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 TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release.
- October 5, 2023
LQWD Unlocks Lightning Network Channel Growth Utilizing High-Impact AI Technology
Vancouver, British Columbia, October 5, 2023 – Bitcoin Lightning Network Service Provider, LQWD Technologies Corp. (TSXV: LQWD, OTC: LQWDF) (“LQWD” or the “Company”) announces that it is leveraging artificial intelligence (“AI”) technology to optimize and automate the Company’s Lightning Network channels for peak performance and efficiency.
After nine months of collecting data from LQWD’s nodes throughout eighteen countries and combining TensorFlow Framework with Nvidia’s AI technology, LQWD’s team is capturing the significant potential of AI technology. Since implementing AI technology and Framework combined, the Company’s LQWD-Canada node has increased its channels by 4500% and is now ranking amongst the top nodes on the entire Lightning Network.
LQWD’s data driven models provide deep insights into the rapidly adopting Lightning Network, for channel openings, channel imbalances and rebalancing, and network fees. These invaluable insights enable the generation of intelligent software to prioritize efficient node management and to ultimately drive transaction growth.
LQWD’s CEO, Shone Anstey, comments “With the integration of AI technology, LQWD solidifies its position as a trailblazer in the Bitcoin Lightning Network community. This advancement in operations has pushed the LQWD-Canada node to a top 5 ranking of nodes on the Lightning Network. We will continue to leverage AI-powered automation to promote transaction growth.”
Real-time tracking of LQWD’s nodes transaction volume and connection to our global routing nodes can be accessed on our website: https://lqwdtech.com/node-stats/
About LQWD Technologies
LQWD is a Lightning Network Liquidity Provider focused on developing payment infrastructure and solutions accelerating the global mega trend of Bitcoin adoption through the Lightning Network. LQWD also owns Bitcoin that is used as an operating asset establishing nodes and payment channels on the Lightning Network.
For further information:
Ashley Garnot, Director
Phone: 1.604.669.0912
Email: [email protected]
Website: www.lqwdtech.com
Twitter: @LQWDTech
Forward-Looking Statements
This press 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, considering 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 press 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 TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release.
- October 3, 2023
LQWD Technologies To Attend Bitcoin Conference 2023
Vancouver, British Columbia, October 3,2023 – LQWD Technologies (TSXV: LQWD, OTC: LQWDF) a front-runner in Bitcoin Lightning Network solutions, is pleased to announce its participation in the Pacific Bitcoin Conference 2023. This premier event is scheduled to take place in the Santa Monica, CA, on October 5-6.
Representing LQWD Technologies at the conference will be CEO Shone Anstey, who will be hosting a dedicated booth.
The Pacific Bitcoin Conference serves as a nexus for knowledge exchange and networking in the realm of Bitcoin and blockchain technologies.
Those interested in attending can find more information and purchase tickets on the official event website. To arrange a meeting with the LQWD Technologies team, please reach out to [email protected].
For further information:
Ashley Garnot, Director
Phone: 1.604.669.0912
Email: [email protected]
Website: www.lqwdtech.com
Twitter: @LQWDTech
Forward-Looking Statements
This press 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, considering 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 press 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 TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release.
- July 26, 2023
LQwD FinTech Corp. Announces Name Change to LQWD Technologies Corp.
Vancouver, British Columbia, July 26, 2023 – LQwD Fintech Corp. (TSXV: LQWD, OTC: LQWDF) is pleased to announce that it has received final approval from the TSX Venture Exchange to change its name to LQWD Technologies Corp., which will become effective on July 28, 2023. The decision to rebrand to LQWD Technologies Corp. comes after careful consideration and strategic planning by management.
There will be no interruption in trading of the Company’s common shares and the Company’s trading symbols will remain unchanged. Also, no action is required by existing shareholders of the Company with respect to the name change.
The Company’s new CUSIP number is 502154107 (ISIN: CA5021541076).
For further information:
Ashley Garnot, Director
Phone: 1.604.669.0912
Email: [email protected]
Website: www.lqwdfintech.com
Twitter: @LQWDFintech
Forward-Looking Statements
This press 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, considering 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 press 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 TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release.
Read that again… hundreds of millions of users. Trillions in volume. Yeah, it’s that big.
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