LQwD Fintech Corp. (TSXV: LQWD, OTC: LQWDF), the company focused on building infrastructure on the Bitcoin Lightning Network global micropayment system, announced today that it has now launched 17 international routing nodes on Lightning Network, positioning LQwD to secure future routing fees in a rapidly expanding global payments network.

LQwD’s international routing nodes now include Japan, England, Canada, US-West, France, Italy, Indonesia, Bahrain, South Africa, South Korea, Sweden, Singapore, Brazil, Germany, India, Ireland, and Hong Kong.  You can follow LQwD’s node transaction volume in real-time here.

“Since launching our first Lightning Network node in November 2021, LQwD’s nodes have already routed over 72 BTC and over 36,000 transactions, which is extremely encouraging in these early stages,” remarked Shone Anstey, LQwD Fintech Corp. CEO. “We are making excellent progress establishing LQwD as a serious network participant, and in coming months, we will launch the LQwD business-to-business platform (now in beta), which also allows retail customers to take advantage of the economics and efficiencies of the network.”

According to Bitcoin Visuals, Lightning Network continues to experience upward trends with total network capacity increasing 138% since this time last year. The Company expects this trend to continue, as larger enterprises and exchanges such as Kraken, Robinhood, Twitter, and Block (Cash App) all have integrated Lightning Network capabilities. Some research firms, such as Arcane Research, predict that there could be as many as 700 million Lightning Network users by 2030.

Corporate & Financial

LQwD currently has sufficient working capital to continue to maintain operations for the foreseeable future. As of June 29, 2022, LQwD has working capital of approximately C$1.275 million in cash and cash equivalents with general and administrative expenses, including current development expenses, running approximately C$100,000 per month. LQwD also holds 121 Bitcoin on the balance sheet of which, a portion is used to secure routing nodes and establish node liquidity.

About LQwD Fintech Corp.

LQwD is a Lightning Network Service Provider (LSP) focused on developing payment infrastructure and solutions accelerating the global mega trend of Bitcoin adoption through the Lightning Network. The Company’s mission is to develop institutional grade services that support the Lightning Network and drive improved functionality, transaction capability, user adoption, utility and scaling Bitcoin. LQwD also holds 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.lqwdfintech.com

Twitter: @LQwDFinTech

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.

LQwD Fintech Corp. (TSXV: LQWD, OTC: LQWDF) announces the resignation of Peter Loretto as an independent director for personal reasons. LQwD would like to thank Mr. Loretto for his contributions and the Board now consists of Shone Anstey, Ashley Garnot, Pino Perone and Kim Evans.

For further information:

Ashley Garnot, Corporate Director
Phone: 1.604.669.0912
Email: [email protected]
Website: www.lqwdfintech.com
Twitter: @LQwDFintech

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.

LQwD Fintech Corp. (TSXV: LQWD, OTC: LQWDF) is pleased to announce the appointment of Peter Loretto as an independent director replacing Dean Sutton, who will remain an advisor to the Company. The Board now consists of Shone Anstey, Ashley Garnot, Pino Perone, Kim Evans and Peter Loretto.

Mr. Loretto holds an MBA from Gonzaga University in Spokane Washington with more than 35 years of extensive international investment banking, corporate finance and both venture and senior board listed company experience.

For further information:

Ashley Garnot, Corporate Director
Phone: 1.604.669.0912
Email: [email protected]
Website: www.lqwdfintech.com
Twitter: @LQwDFintech

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.

LQwD Fintech Corp. (TSXV: LQWD, OTC: LQWDF), an emerging technology company developing payment infrastructure for the Bitcoin Lightning Network (LN), is pleased to announce that the company has joined Visa’s (NYSE:V) Fintech Fast Track program.

Working with Visa, a world leader in digital payments, enables LQwD to accelerate the process of bringing Bitcoin to the masses through LQwD’s subsidiaries, Coincurve.com, a virtual currency platform, and LQwD’s Lightning Network PAAS, as well as our global routing nodes. By integrating with Visa, the company can leverage the reach, capabilities, and security of Visa’s global payment network.

“This is an exciting announcement for us,” remarked LQwD CEO, Shone Anstey. “Our direct relationship with Visa now gives LQwD the advantage of accessing their growing partner network, as well as experts in the payments space. It’s a big benefit.”

“By joining Visa’s Fast Track program, exciting fintech companies like LQwD gain valuable access to Visa experts, technology and resources,” added Terry Angelos, SVP and Global Head of Fintech, Visa. “Fast Track lets us provide new resources that rapidly growing companies need to scale with efficiency.”

Learn more about Visa’s Fintech Fast Track program at https://Partner.Visa.com

About the Lightning Network

The Lightning Network is layer-two technology that solves the issue of mass scaling Bitcoin for global microtransactions. In addition to enabling millions of transactions per second, the Lightning Network dramatically reduces the fees curently charged to users, and serves up instantaneous settlement times.

The Lightning Network continues to experience explosive growth as follows:

• Since April 2021, node growth has increased 227%, from 10,394 to over 34,000 nodes now established.
• Bitcoin capacity increased from 1,060 BTC to 3,398 BTC, up 220% from January 2021 to the present.
• Payment channels are up 126%, rising from 38,000 to more than 86,000 established since January 2021.

Some well-known companies such as Lightning Labs, Twitter, and Jack Dorsey’s Block (Cash App), have openly expressed their enthusiasm to incorporate the Lightning Network into their platforms.

About LQwD

LQwD is a Lightning Network Service Provider (LSP) focused on developing payment infrastructure and solutions accelerating the global mega trend of Bitcoin adoption through the Lightning Network. 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 150 Bitcoin used as an reserve and operating asset establishing nodes and payment channels on the Lightning Network.

For further information:

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

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.

LQwD FinTech Corp. (TSXV: LQWD, OTC: LQWDF), an emerging technology company developing payment infrastructure for the Bitcoin Lightning Network (LN), is pleased to announce two important milestones: the Company has deployed a new routing node in India, and our ten global routing nodes have now collectively reached over 10,000 transactions forwarded.

India is a tech savvy, densely populated country with rapid digital adoption. It is ranked second in countries seeing the fastest growth in cryptocurrency adoption globally, and has one of the strongest internet markets in the world, with approximately 750 million users.

“We are experiencing excellent transaction growth since launching our first nodes in November 2021,” remarked LQwD CEO, Shone Anstey. “The launch of our Indian routing node is yet another step in securing a strong presence on Bitcoin’s Lightning Network.” Industry experts estimate the country to have more than 20 million crypto investors, with most growth being driven by users under the age of 35.

LQwD’s first node launched in November 2021, with ten now situated around the world, accounting for more than 10,000 transactions forwarded. “The more transactions routed through the Company’s node network the better,” Shone Anstey further commented, “As each transaction represents a routing fee paid to LQwD. This volume is validation that our Lightning Network presence is building momentum and benefiting from Lightning Network’s expotential growth in adoption.”

Follow our node growth on 1ml.com

About the Lightning Network

The Lightning Network is layer-two technology that solves the issue of mass scaling Bitcoin for global microtransactions. In addition to enabling millions of transactions per second, the Lightning Network dramatically reduces the fees curently charged to users, and serves up instantaneous settlement times.

The Lightning Network continues to experience explosive growth as follows:

• Since April 2021, node growth has increased 227%, from 10,394 to over 34,000 nodes now established.
• Bitcoin capacity increased from 1,060 BTC to 3,398 BTC, up 220% from January 2021 to the present.
• Payment channels are up 126%, rising from 38,000 to more than 86,000 established since January 2021.

Some well-known companies such as Lightning Labs, Twitter, and Jack Dorsey’s Block (Cash App), have openly expressed their enthusiasm to incorporate the Lightning Network into their platforms.

About LQwD

LQwD is a Lightning Network Service Provider (LSP) focused on developing payment infrastructure and solutions accelerating the global mega trend of Bitcoin adoption through the Lightning Network. 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 150 Bitcoin used as an operating asset establishing nodes and payment channels on the Lightning Network.

For further information:
Ashley Garnot, Corporate Development
Phone: 1.604.669.0912
Email: [email protected]
Website: www.lqwdfintech.com
Twitter: @LQwDFintech

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.

LQwD Fintech Corp. (TSXV: LQWD, OTC: LQWDF), an emerging technology company developing payment infrastructure for the Bitcoin Lightning Network (LN), announced that its CEO, Shone Anstey, will present at NobleCon18 – Noble Capital Markets’ Eighteenth Annual Investor Conference at the Hard Rock Hotel, Hollywood, Florida on Thursday, April 21, 2022 at 12:30pm EST.

The Company will also be available for one-on-one meetings with investors at our breakout sessions scheduled for Wednesday, April 20, 2022 at 10:00am EST at Table 12 for those who are registered to attend the conference.

A video webcast of the presentation will be available the following day on LQwD’s website, on Noble Capital Markets’ Conference website and on Channelchek investor portal. The webcast will be archived on those websites for 90 days following the event.

“Bitcoin’s Lightning Network is continuing to see explosive growth” said Shone Anstey, LQwD CEO. “LQwD is benefiting from this growth as we continue to strategically expand our Lightning Network presence through the launch of our global routing nodes to become one of the largest payments facilitator on the network.”

About the Lightning Network

The Lightning Network is layer-two technology that solves the issue of mass scaling Bitcoin for global microtransactions. In addition to enabling millions of transactions per second, the Lightning Network dramatically reduces the fees currently charged to users, and serves up instantaneous settlement times.

The Lightning Network continues to experience explosive growth as follows:

• Since April 2021, node growth has increased 249%, from 10,394 to over 36,000 nodes now established.
• Bitcoin capacity increased from 1,060 BTC to 3,627 BTC, up 243% from January 2021 to the present.
• Payment channels are up 126%, rising from 38,000 to more than 86,000 established since January 2021.

Some well-known companies such as Lightning Labs, Twitter, and Jack Dorsey’s Block (Cash App), have openly expressed their enthusiasm to incorporate the Lightning Network into their platforms.

About LQwD

LQwD is a Lightning Network Service Provider (LSP) focused on developing payment infrastructure and solutions accelerating the global mega trend of Bitcoin adoption through the Lightning Network. 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 150 Bitcoin used as an operating asset establishing nodes and payment channels on the Lightning Network.

For further information:

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

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.

LQwD Fintech Corp. (TSXV: LQWD, OTC: LQWDF), an emerging technology company developing payment infrastructure for the Bitcoin Lightning Network (LN), is pleased to announce the strategic deployment of additional European routing nodes.

The Company’s European routing nodes now include Italy, Ireland, Sweden, France, England and Germany. Together with LQwD’s recently announced nodes launched in Singapore and Indonesia, the Company has established an LN presence in key countries where the Network is experiencing rapid growth. Europe now contains approximately 43 percent of all Lightning Network nodes, second only to North America.

“LQwD’s launch of these additional nodes firmly positions us to increase our overall value on the network,” explains LQwD FinTech CEO Shone Anstey. “Being a leading Lightning Network infrastructure and transaction facilitator has a lot of value: First, Lightning Network’s early-movers (like us) are best positioned to strategically expand our position on the network. Second, the more nodes LQwD establishes worldwide, the more transactions can be routed through our node network. And each transaction represents a routing fee.”

Since launching LQwD’s first Lightning Network node in late November 2021, 157 nodes have now interconnected with more than 158 transaction channels, routing over 10 Bitcoin through LQwD’s connected channels.

Arcane Research’s October 2021 State of Lightning Report estimates that by 2030, the Lightning Network could see more than 700 million users leading to as many as 364 trillion transactions per year.

Track LQwD’s node and channel growth in real time via: http://www.1ml.com.

Other Matters

The Company also announces that it has changed auditors from De Visser Gray LLP (“De Visser Gray”) to Kingston Ross Pasnak LLP (“KRP”), effective March 10, 2022. At the request of the Company, De Visser Gray has resigned as of the effective date of March 10, 2022. KRP has been appointed as the successor auditor. In accordance with National Instrument 51‐102 – Continuous Disclosure Obligations (“NI 51‐102”), the Company has filed a Notice of Change of Auditor on SEDAR together with letters from both De Visser Gray and KRP, with each letter confirming agreement with the statements contained in the notice, as applicable. There were no reportable events (as defined in NI 51‐102) between De Visser Gray and the Company.

About the Lightning Network

The Lightning Network is layer-two technology that solves the issue of mass scaling Bitcoin for global microtransactions. In addition to enabling millions of transactions per second, the Lightning Network dramatically reduces the fees curently charged to users, and serves up instantaneous settlement times.

The Lightning Network continues to experience explosive growth as follows:

• Since April 2021, node growth has increased 227%, from 10,394 to over 34,000 nodes now established.
• Bitcoin capacity increased from 1,060 BTC to 3,398 BTC, up 220% from January 2021 to the present.
• Payment channels are up 126%, rising from 38,000 to more than 86,000 established since January 2021.

Some well-known companies such as Lightning Labs, Twitter, and Jack Dorsey’s Block (Cash App), have openly expressed their enthusiasm to incorporate the Lightning Network into their platforms.

About LQwD

LQwD is a Lightning Network Service Provider (LSP) focused on developing payment infrastructure and solutions accelerating the global mega trend of Bitcoin adoption through the Lightning Network. 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 and acquires Bitcoin as an operating asset establishing nodes and payment channels on the Lightning Network.

For further information:

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

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.