Neutron Powers Lightning Network Integration for Cobo, Expanding Bitcoin Infrastructure Across Asia

By: bitcoin magazine|2025/05/16 00:00:15
0
Share
copy
Bitcoin MagazineNeutron Powers Lightning Network Integration for Cobo, Expanding Bitcoin Infrastructure Across AsiaLightning Network infrastructure provider, Neutron, is now working with Cobo, a digital asset custody platform, to integrate the Lightning Network into their custody platform, according to a press release sent to Bitcoin Magazine. This team-up will let Cobo’s clients make quick, cheap Bitcoin payments using Neutron’s Lightning Network API.“We’re thrilled to partner with Cobo, a trusted leader in custodial services, to further accelerate Bitcoin infrastructure across Asia,” said Albert Buu, CEO of Neutron. “At Neutron, we are committed to providing enterprise businesses with easy and efficient integration into the Lightning Network, enabling next-generation global real-time settlement solutions. This partnership will not only drive innovation but also empower businesses across Asia with the fast, secure, and cost-effective benefits of Bitcoin payments.”Neutron said it wants to make Lightning the backbone for modern Bitcoin use. The company’s API effectively helps businesses quickly use the Lightning Network, which is Bitcoin’s second layer built for fast, cheap payments — linking traditional money systems with Bitcoin’s global economy. “This collaboration allows Neutron to power Lightning services for Cobo and its clients, enabling fast, low-cost Bitcoin payments and unlocking new possibilities for institutional adoption throughout the region,” Buu added.This partnership comes at a time when Lightning Network adoption is gaining traction in various markets. By connecting Cobo’s custody services with Neutron’s Lightning infrastructure, both companies are addressing the growing demand for faster Bitcoin payment solutions in Asia. Dr. Changhao Jiang, CTO and Co-Founder of Cobo, said about the deal: “At Cobo, we’ve built our custody platform to combine uncompromising security with the scalability institutions need to grow. Integrating Neutron’s Lightning Network API allows us to offer real-time, low-cost Bitcoin settlement at scale without compromising on trust or performance. Together, we’re laying the groundwork for faster, more efficient Bitcoin infrastructure across Asia.”This post Neutron Powers Lightning Network Integration for Cobo, Expanding Bitcoin Infrastructure Across Asia first appeared on Bitcoin Magazine and is written by Jenna Montgomery.

You may also like

Uniswap is trapped in an innovation dilemma

The various iterations of Uniswap are one of the sources of vitality in the DeFi market, but since 2023, Uniswap has not proposed any substantial innovations, instead adhering to traditional business explorations in application chains, Launchpads, etc., leading to a slump in token prices and market ...

What is the key to competition in crypto banking?

Digital banks, crypto cards, wallets, super apps, and DeFi protocols are all converging towards the same goal: to become the primary gateway for your savings, spending, earning, and transferring in the new era.

The flow of stablecoins and the spillover effects in the foreign exchange market

Research has found that an exogenous increase in net inflows of stablecoins significantly widens the price deviation between stablecoins and traditional foreign exchange, leads to depreciation of the local currency, and worsens the financing conditions for synthetic dollars (i.e., increases the doll...

After two years, Hong Kong's first batch of stablecoin licenses finally issued: HSBC, Standard Chartered make the cut

The regulated entity is set to launch a stablecoin in the first half of this year.

The person who helped TAO rise by 90% has now single-handedly crashed the price again today

As long as people are around, the story continues. But once they're gone, you may not even find a worthy opponent to play against.

3-Minute Guide to Participating in the SpaceX IPO on Bitget

Bitget IPO Prime brings a rare opportunity for global users to participate in world-class unicorn IPOs, allowing ordinary users to equally access the potential economic benefits of top-tier IPOs.

Popular coins

Latest Crypto News