Relai Partners with Blockstream and Breez to Bring Lightning Network to European Bitcoin Users

Relai, a Swiss-based Bitcoin app known for its self-custody wallet, has recently announced a groundbreaking partnership with Blockstream and Breez to integrate the Lightning Network into its platform. This collaboration is set to benefit over 100,000 European users, as stated in a press release shared with Bitcoin Magazine.

The Lightning Network is a second-layer solution for Bitcoin that enables fast and cost-effective transactions, making the cryptocurrency more practical for everyday use. By incorporating Lightning, Relai aims to simplify Bitcoin payments for its expanding user base, allowing them to send and receive Bitcoin directly to their wallets in a self-custodial manner.

Julian Liniger, the CEO of Relai, expressed his enthusiasm for the partnership, stating, “Bitcoin is sound money. Lightning is the future of Bitcoin. It’s how money will be moved around the world in the 21st century. That’s why Lightning is a strategic focus of Relai and will be integral to our mission of bringing BTC to millions of people quickly, easily, and securely.”

Through teaming up with industry leaders like Blockstream and Breez, Relai seeks to ensure a seamless integration process and provide users with an optimal experience. Blockstream’s Greenlight cloud nodes and Breez SDK’s Lightning Service Providers (LSPs) will enable Relai to offer the benefits of Lightning while maintaining non-custodial control over users’ funds.

The integration of Lightning into Relai’s platform is just the beginning of its product expansion and European growth plans. The company is also working towards obtaining the MiCA license to extend its services throughout Europe, a significant milestone in its mission to make Bitcoin accessible to millions of users across the continent.

Overall, the partnership between Relai, Blockstream, and Breez represents a significant step forward in the adoption and usability of Bitcoin in Europe. With the Lightning Network integration, Relai is poised to revolutionize the way users interact with Bitcoin, paving the way for a more efficient and user-friendly experience in the cryptocurrency space.