Relai, a Swiss-based bitcoin app with an autonomous wallet, announced a new partnership with Blockstream and Breez to integrate the Lightning Network into its platform, benefiting more than 100,000 European users, according to a press release sent to Bitcoin Magazine.
The accelerator network provides a scalable solution to facilitate fast, low-cost transactions, making Bitcoin more convenient for everyday use. By leveraging Lightning, Relai aims to simplify Bitcoin payments for its growing user base, enabling them to send and receive Bitcoin directly to their wallets in a self-custodial manner.
“Bitcoin is sound money. Lightning is the future of Bitcoin,” said Julian Leniger, CEO of Relai. “It’s the way money will be moved around the world in the 21st century. “This is why Lightning is a strategic focus for Relai and will be an integral part of our mission to bring BTC to millions of people quickly, easily and securely!”
By partnering with industry giants Blockstream and Breez, Relai aims to ensure seamless integration and optimal user experience. Blockstream's Greenlight cloud nodes and Breez SDK's Lightning Service Providers (LSPs) enable Relai to deliver the benefits of Lightning while maintaining non-custodial control over users' funds.
The integration of Lightning into the Relai platform is just the beginning of its product expansion and European expansion plans, according to the release. Relai aims to obtain a MiCA license to expand its services across Europe, marking a big step towards its goal of making Bitcoin accessible to millions of users across the continent.