LQWD Secures C$12.3 Million Financing Led by Polar Asset Management to Advance Bitcoin Lightning Strategy
Summary
LQWD Technologies secured C$12.3 million in financing through a brokered and non-brokered offering. Polar Asset Management Partners led the brokered portion, and strategic investors including UTXO Management also joined the deal. LQWD plans to use the proceeds to expand its Bitcoin holdings and accelerate growth of its Lightning Network infrastructure. The company says the capital will support its long-term strategy and strengthen its market position.
Funding
Amount
$7.3M
Total raised
Date
July 9, 2025
Announcement date
Investors
Polar Asset Management Partners
Lead investors
Company
lqwdtech.com
Funded company
Classifications
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applications
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