Historic $1 million transaction tests Bitcoin’s Lightning Network for institutions

On January 28, 2025, Secure Digital Markets (SDM) successfully executed a payment of 1 million USD to Kraken, highlighting the efficiency of Bitcoin’s Lightning Network. This moment reinforces confidence in utilizing Bitcoin for significant financial transactions.

The CEO of Voltage noted this transaction as a pivotal event for institutional Bitcoin payments, illustrating that Lightning can meet enterprise requirements, thus paving the way for broader adoption in the financial sector.

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