Key facts
- BitGo has launched a new service called Lightning Earn.
- The service allows institutional clients to earn BTC-denominated fees.
- Institutions can provide liquidity to the Bitcoin Lightning Network.
- Lightning Earn integrates with Amboss Rails.
BitGo has launched Lightning Earn, a new service designed to allow institutional investors to earn Bitcoin-denominated fees by supplying liquidity to the Lightning Network. This offering is made possible through an integration with Amboss Rails, a platform that facilitates liquidity provision and routing on the Lightning Network.
Through Lightning Earn, institutional clients can put their Bitcoin holdings to work, generating yield by contributing to the network's operational capacity. The service aims to provide a secure and efficient way for these entities to engage with the growing Bitcoin Layer 2 solution.