LQWD Technologies Corp. announce its partnership as a premiere Lightning Network liquidity service provider (LSP) for Amboss Technologies Inc.("Amboss"). Amboss specializes in providing data analytics solutions specifically tailored for the Bitcoin Lightning Network and offers products to create an orderly market on the Lightning Network through Magma and Hydro that provisions lightning liquidity.

Magma serves as a liquidity marketplace for the Bitcoin Lightning Network, while Hydro delivers advanced liquidity automation to attain seamless Lightning Network payments. With the escalating demand for both Amboss products, LQWD is positioned to play a pivotal role as a key institutional liquidity provider. As part of this partnership, LQWD will launch an initial tranche of 10 Bitcoin worth of liquidity to Amboss and deploy additional Bitcoin throughout the partnership.

Amboss clients will acquire this liquidity from LQWD, with the latter retaining an initial fee and an additional fee for routing transactions over the Lightning Network.