Latest news with #JesseShrader
Malaysian Reserve
5 days ago
- Business
- Malaysian Reserve
Amboss Launches Rails: Empowering Bitcoin Yield and Lightning Network Growth
NASHVILLE, Tenn., May 29, 2025 /PRNewswire/ — Amboss, a leader in AI-driven solutions for the Bitcoin Lightning Network, today unveiled Rails, a self-custodial Bitcoin service designed to enhance asset utility. Developed for companies, custodians, and high net worth individuals, Rails enables participants to put their Bitcoin to work while contributing to the performance and scalability of the Lightning Network. This launch marks a significant step forward in creating decentralized, reliable payment infrastructure for the Bitcoin ecosystem. Rails introduces a secure, innovative way for participants—termed Liquidity Providers (LPs)—to maintain full custody of their Bitcoin while generating returns through payment routing and liquidity leases. By integrating Amboss' advanced AI technology, Rails enhances the Lightning Network, enabling faster, more dependable transactions and supporting larger payment volumes. 'Rails is a transformative force for the Lightning Network,' said Jesse Shrader, CEO and Co-Founder of Amboss. 'It's not just about yield—it's about enabling businesses to strengthen the network while earning on their Bitcoin. This is a critical step in Bitcoin's evolution as a global medium of exchange.' Launch Partners and Network Impact Amboss has partnered with leading Bitcoin industry players, including CoinCorner, LQwD, and Flux (a joint venture between Axiom and CoinCorner), to bring Rails to market. CoinCorner, a pioneer in Lightning Network adoption, has integrated it into its exchange operations and everyday payment systems across the Isle of Man. LQwD, a key player in Bitcoin infrastructure, and Flux, combining Axiom's and CoinCorner's expertise, share a mission to expand the Lightning Network's role in global payments. Their involvement underscores the industry's confidence in Rails' potential to drive Bitcoin's scalability. 'Rails offers a practical way for businesses like ours to participate in the Lightning Network's growth,' said David Boylan, CFO of CoinCorner. 'We've been using the Lightning Network for years, and Rails provides a structured approach to engaging with its economy, particularly through liquidity leasing and payment routing. This aligns with our goal of making Bitcoin more accessible and practical for everyday use.' The Critical Role of Liquidity Liquidity is the backbone of the Lightning Network, ensuring smooth and efficient transaction routing across its nodes and channels. Rails empowers Liquidity Providers to contribute to this vital resource, enhancing the network's capacity to support high-value, reliable payments. By addressing liquidity demands, Rails not only creates yield opportunities for participants but also fortifies the infrastructure that makes Bitcoin a viable medium of exchange for businesses worldwide. How Rails Works Rails enables participants—known as Liquidity Providers (LPs)—to maintain full custody of their Bitcoin while accessing the Lightning Network economy. Yield opportunities arise from activities like liquidity leasing and payment routing, though returns are not guaranteed. The service includes: Rails LP: For high net worth individuals, companies with Bitcoin treasuries, and custodians, requiring a minimum of 1 Bitcoin committed for at least one year. Liquidity Subscriptions: For businesses receiving Bitcoin payments, offering cost-effective solutions with fees as low as 0.5%. Getting Involved Interested parties can explore Rails and participation details at For media inquiries, users can contact 21M Communications at phil@ About Amboss Amboss Technologies harnesses machine learning, including reinforcement learning on network graphs, to develop intelligent tools for the Lightning Network. With over five years of data-driven insights, Amboss drives network growth and unlocks new opportunities as Bitcoin scales globally. About CoinCorner CoinCorner is a leading Bitcoin exchange and payment provider committed to simplifying Bitcoin adoption. A pioneer in Lightning Network usage, CoinCorner continues to innovate in the Bitcoin space. ContactFounderPhil21M Communicationsphil@ Photo:
Yahoo
18-04-2025
- Business
- Yahoo
Magnolia Financial Selects Amboss Technologies' Reflex as Compliance Provider for Lightning Operations
NASHVILLE, Tennessee, April 18, 2025 /PRNewswire/ -- Magnolia Financial, the Bitcoin-native financial services company focused on simplifying onramp and custody for Bitcoin businesses, today announced its partnership with Amboss Technologies. Through this collaboration, Magnolia will integrate Reflex, Amboss's advanced compliance and risk management platform, into its Lightning Network operations. "As we build a trusted onramp and custody experience for Bitcoiners, we knew that risk and compliance couldn't be an afterthought," said Harsha Goli, CEO of Magnolia Financial. "Our core requirement was finding a partner who shares our philosophy on Bitcoin and responsibility. Reflex is not only aligned with our values but also purpose-built for the nuances of Lightning. It was the clear choice." Reflex delivers a powerful suite of features tailored for Bitcoin-native companies, including automated Anti-Money Laundering (AML) policy enforcement, real-time sanctions screening, and comprehensive risk monitoring. With Reflex, Magnolia can continuously evaluate payment channels, verify sources of funds, and flag potential compliance risks—all while maintaining the fast, peer-to-peer integrity of Lightning transactions. "We're proud to support Magnolia Financial's mission to deliver regulated, Bitcoin-forward financial services," said Jesse Shrader, Co-founder and CEO of Amboss Technologies. "Reflex provides the compliance infrastructure needed to operate responsibly at scale, without compromising the principles that make Bitcoin valuable." This partnership marks a major step forward in developing the financial stack for Bitcoin-native businesses. With Reflex, Magnolia will be equipped to meet its regulatory obligations while preserving the privacy, speed, and ethos of Bitcoin's Lightning Network. Together, Magnolia Financial and Amboss Technologies are building the infrastructure to power the next generation of global Bitcoin services. About Magnolia Financial Magnolia Financial is rethinking financial infrastructure for Bitcoin businesses. Focused on simplifying onramp, custody, and compliance, Magnolia is building a regulated, Bitcoin-native financial platform from first principles. Users can learn more at About Amboss Technologies Amboss Technologies is a leading provider of data, insights, and infrastructure for the Bitcoin Lightning Network. Their Reflex platform brings powerful compliance automation to Lightning-native payments, empowering businesses to grow responsibly and securely. Users can learn more at ContactFounderPhil21M Communicationsphil@ Photo: View original content to download multimedia: SOURCE Magnolia Financial Sign in to access your portfolio
