Mr. Mateer is a seasoned leader, investor, and has extensive experience in the Bitcoin space. As a founding partner at UTXO Management, he has been actively investing in and advocating for Bitcoin since early 2013. He co-founded 210k Capital, LP, a US-based private investment fund managed by UTXO Management, which has been investing in the Bitcoin ecosystem across public and private markets since 2019.

Shone Anstey, CEO of LQWD, stated, "We are thrilled to welcome Coyn to our board of directors. His deep expertise in Bitcoin and substantial investment in LQWD through 210k Capital, which holds directly and indirectly approximately 19% ownership in the Company, underscore his commitment to our vision. Coyn's insights will be invaluable as we accelerate our strategy to increase our Bitcoin treasury holdings and expand our presence in the Lightning Network ecosystem."

About LQWD Technologies Corp.

LQWD is focused on enhancing shareholder value through its innovative Bitcoin accumulation strategy and scalable yield-generating opportunities through the Company's Lightning Network operations.

For more information, please visit LQWD's corporate presentation and connect with the Company's Lightning Network nodes in real time.

Forward-Looking Statements

This release contains "forward-looking information" within the meaning of applicable securities laws relating to the Company's business plans and the outlook of the Company's industry. Although the Company believes, considering the experience of its officers and directors, current conditions and expected future developments and other factors that have been considered appropriate, that the expectations reflected in this forward-looking information are reasonable, undue reliance should not be placed on them because the Company can give no assurance that they will prove to be correct. Actual results and developments may differ materially from those contemplated by these statements. The statements in this press release are made as of the date of this release and the Company assumes no responsibility to update them or revise them to reflect new events or circumstances other than as required by applicable securities laws.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/247070