During my weekly update I came across this gem!

NEW YORK--(BUSINESS WIRE)-- BitGo Holdings, Inc. (NYSE: BTGO) (“BitGo”), the digital asset infrastructure company, today announced support for Lightning Network through BitGo’s Crypto-as-a-Service solution, enabling businesses to embed fast, low-cost bitcoin payment functionality directly into their products and user experiences.

The new capability combines Lightning Network bitcoin payment rails with BitGo’s regulated digital asset infrastructure, including qualified custody, API-driven wallet services, and nationwide coverage through BitGo Bank & Trust, National Association, a federally chartered digital asset trust bank supervised by the Office of the Comptroller of the Currency. Through a strategic partnership with Voltage, BitGo will also support automated node and liquidity management, helping to reduce the operational complexity typically associated with deploying Lightning infrastructure at scale.

“Bitcoin was designed to be open, global, and accessible, but businesses need trusted infrastructure to bring that promise into everyday financial experiences,” said Mike Belshe, CEO and Co-founder of BitGo. “By adding Lightning Network support to BitGo’s Crypto-as-a-Service, we are giving enterprises a path to deliver fast, low-cost bitcoin payments with the regulatory, security, and operational foundation they expect from BitGo.”

The Lightning Network is a Layer 2 protocol built on top of bitcoin that enables faster and lower-cost transactions by using offchain payment channels that ultimately settle back to the bitcoin blockchain. With Lightning support, BitGo’s Crypto-as-a-Service solution is designed to help fintechs, exchanges, payments platforms, and consumer applications facilitate near-instant bitcoin payments, reduce transaction costs, and support use cases such as deposits and withdrawals, merchant settlement, micropayments, rewards, and in-app bitcoin transfers.

Kudos to the Voltage team! Hopefully this partnership brings growth!