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London-listed Company Pri0r1ty Raises £750,000 to Expand Bitcoin Lightning Network Liquidity
Summary: According to reports, London-listed company Pri0r1ty Intelligence Group PLC has announced a successful fundraising of $1 million (approximately £750,000) to expand the liquidity of its Bitcoin Lightning Network routing nodes. As per the company's approved Bitcoin financial management policy, this funding will be used to increase the Bitcoin liquidity of the Lightning Network to at ...
According to reports, London-listed company Pri0r1ty Intelligence Group PLC has announced a successful fundraising of $1 million (approximately £750,000) to expand the liquidity of its Bitcoin Lightning Network routing nodes. As per the company's approved Bitcoin financial management policy, this funding will be used to increase the Bitcoin liquidity of the Lightning Network to at least 5 bitcoins (approximately 500 million satoshis) to accelerate network growth.
The Lightning Network aims to provide users with almost instant and extremely low-cost Bitcoin transaction services. This expansion will further support Pri0r1ty's commercial Bitcoin trading scale development.
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Link: London-listed Company Pri0r1ty Raises £750,000 to Expand Bitcoin Lightning Network Liquidity [Copy]