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BitGo, an OCC-regulated digital asset trust bank, has introduced Lightning Earn, a new product that allows corporate bitcoin treasury companies and institutional allocators to deploy their bitcoin as liquidity on the Lightning Network and earn bitcoin-denominated routing fees.
The offering is built on an integration with Amboss Technologies’ Rails product, a Lightning infrastructure platform that enables participants to capture routing fees by routing payments and leasing liquidity across the network. BitGo, a subsidiary of BitGo Holdings, Inc. (NYSE: BTGO), said the integration gives institutional clients access to Lightning Network infrastructure without sacrificing custody or…
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