TL;DR
- Lightning-Powered Speed: BitGo and Voltage integrate the Lightning Network into BitGo’s custody system, slashing transaction times by over 90% compared to traditional on-chain transfers.
- Affordable, Secure Payments: This partnership brings cutting-edge, cost-effective payment solutions to institutions by merging advanced Lightning technology with top-tier digital asset security.
- Boosting Institutional Adoption: By enabling rapid Bitcoin and stablecoin transactions, the collaboration paves the way for a future where large-scale financial institutions embrace highly scalable blockchain solutions.
BitGo and Voltage have teamed up to incorporate the Lightning Network into BitGo’s custody system. This collaboration seeks to revolutionize Bitcoin transactions by allowing quick, affordable payments while ensuring top-notch security for institutions. BitGo, a leader in digital asset security and infrastructure, has consistently been a key player in Bitcoin advancements.
By incorporating Voltage’s advanced Lightning Network technology, BitGo is poised to offer exchanges, neobanks, payment providers, and fintech firms an unprecedented level of efficiency and security in Bitcoin and stablecoin transactions.
Lightning just struck institutional finance. ⚡
Introducing the BitGo x @voltage_cloud integration — the fastest, most secure way to transact on Bitcoin’s Lightning Network.
Say goodbye to high fees and no more waiting for transactions.
Plug into BitGo and watch your bitcoin… pic.twitter.com/vz96g8iDGy
— BitGo (@BitGo) April 8, 2025
The Power of Lightning Network Integration
The Lightning Network, a second-layer protocol for Bitcoin, dramatically enhances transaction speed and cost-effectiveness by allowing off-chain settlements before broadcasting them onto the main blockchain.
With this integration, transactions on BitGo’s platform can be completed over 90% faster and at a fraction of the cost compared to traditional on-chain transfers.
Mike Belshe, CEO of BitGo, emphasized the transformative impact of the partnership: “BitGo has always prioritized security and innovation. By integrating the Lightning Network in collaboration with Voltage, we’re bridging institutional-grade custody with scalable, low-cost global payments.”
Voltage CEO Graham Krizek echoed this enthusiasm, highlighting the ability to provide cutting-edge solutions: “We’re excited to bring the power of Lightning to BitGo’s platform, enabling organizations worldwide to send Bitcoin faster and cheaper than ever before.”
Accelerating Institutional Adoption
The partnership signals a renewed focus on Bitcoin-native scalability solutions. BitGo, known for pioneering multi-signature security, is leveraging this latest integration to expand its offerings for institutional investors.
In addition to speeding up Bitcoin transactions, this partnership sets the stage for smooth stablecoin settlements using Lightning. As institutional clients seek more efficient and scalable options, BitGo’s use of the Lightning Network is likely to boost mainstream interest in Bitcoin’s advanced payment system.
Redefining the Future of Crypto Payments
As the crypto industry continues to evolve, BitGo’s strategic partnership with Voltage underscores the growing demand for scalable, low-cost solutions that maintain top-tier security.
By bridging legacy institutional custody with cutting-edge blockchain technology, BitGo is setting the stage for a future where Bitcoin payments are as fast and effortless as traditional financial transactions.
