Amboss Launches Rails, A Self-Custodial Bitcoin Yield Service

Amboss, a leading provider of AI-driven solutions for the Bitcoin Lightning Network, has introduced a revolutionary self-custodial Bitcoin yield service called Rails. This new service is designed to empower companies, custodians, and high net worth individuals to earn a yield on their Bitcoin holdings. By leveraging Rails, participants can generate returns on their Bitcoin assets while contributing to the growth and efficiency of the Lightning Network.

One of the key features of Rails is its ability to enable Liquidity Providers (LPs) to maintain full custody of their Bitcoin holdings while earning returns through liquidity leases and payment routing. While returns are not guaranteed, Amboss’ AI technology enhances the reliability of transactions and increases payment volumes on the Lightning Network.

Jesse Shrader, the CEO and Co-Founder of Amboss, emphasized the transformative impact of Rails on the Lightning Network. He stated, “Rails is not just about yield—it’s about empowering businesses to strengthen the network while earning returns on their Bitcoin. This represents a pivotal advancement in Bitcoin’s evolution as a global medium of exchange.”

Rails offers two distinct options for participants. The Rails LP option is tailored for high net worth individuals, custodians, and companies with Bitcoin treasuries, requiring a minimum commitment of 1 BTC for one year. On the other hand, Liquidity subscriptions cater to businesses that receive Bitcoin payments, with fees starting at 0.5%.

In collaboration with CoinCorner and Flux, Amboss has successfully brought Rails to the market. CoinCorner has integrated Rails into its exchange platform and daily payment services in the Isle of Man, showcasing its commitment to advancing the Lightning Network’s capabilities. Flux, a joint venture between Axiom and CoinCorner, is dedicated to enhancing the global presence of the Lightning Network in payments. These partnerships underscore the industry’s growing confidence in Rails as a tool for scaling Bitcoin effectively.

David Boylan, the CFO of CoinCorner, expressed enthusiasm for Rails, stating, “Rails provides a practical avenue for businesses like ours to engage with the Lightning Network’s economy. By participating in liquidity leasing and payment routing, Rails aligns with our mission of making Bitcoin more accessible and practical for everyday use.”

Overall, Rails represents a significant advancement in the Bitcoin ecosystem, offering a secure and innovative solution for earning yields on Bitcoin holdings while contributing to the growth of the Lightning Network. With the support of industry partners and Amboss’ cutting-edge AI technology, Rails is poised to drive the adoption and scalability of Bitcoin in the global market.