Thunderstruck⚡️Full Super Bitcoin Moon ⚡️11.15.24

What’s up fam! We’ve got some incredible updates that we couldn’t wait to share with you.👇🏻

First off, big news regarding Joltz Q3 Updates, including performance in Q3, a refresher on their go-forward strategy, and outlook for Q4 and 2025! Joltz is actively raising funds on Thunder Funder, so if you haven’t yet, definitely head over to their deal page and show ‘em some love.

Next, we’ve got 🚨 Live Deals 🚨 for LondonLink & Slice that you don’t want to miss, so be sure to peep the deets on those deals below.

Joltz has been working around the clock to bring the first ever natively-issued stablecoin to the Bitcoin Lightning Network, powered by Joltz technology.

Before we get into their quarterly update, lets review some of the highlights that make Joltz such an exciting investment play.

Joltz Quarter 3 Updates:

• Joltz started the quarter strong with a win at the Bitcoin 2024 Pitch Day competition! Judges, including representatives from UTXO Management, Lightning Ventures, and Fulgur Ventures, clearly saw their vision for the role Taproot Assets and stablecoins on Lightning can play in meeting people where they are amidst the rapidly-growing demand for stablecoins globally.

  
  

  

  
  

• Through their partnership with Eulen, the issuer behind Brazilian stablecoin DePix, Joltz is on the cusp of seeing the very first natively-issued stablecoin live on the Bitcoin Lightning Network!  Asset issuers like Eulen can use our Taproot Assets SDK and issuer dashboard to mint and manage their assets. After Lightning Labs raised $70M in 2022 in large part to develop the Taproot Assets protocol, Joltz is providing the infrastructure and tooling to finally make it accessible to businesses and end users. 

  
  

  

• Already, Joltz has secured Q4 as their highest revenue quarter to-date, and they have a strong pipeline for 2025!  Beyond asset issuers, other types of businesses like wallets and payment platforms can use Joltz tech to easily add support for on-chain,  Lightning, and Taproot Asset payments to their applications. Current partners represent approximately 50K active end users, and they’re in discussions with a number of leading wallets and apps that collectively represent over 3M users.
  

  
  

• Joltz officially opened their latest fundraising round and have started receiving their first checks from leading investors like UTXO Management! We've also partnered up with Thunder Funder, inspired by their vision of democratizing access to investing in amazing Bitcoin companies. Both accredited and non-accredited investors can now check out the Joltz offer on Thunder Funder here. 

  
  

  

  
  

• With annualized payment volumes now at approximately $16.8T - on par with Visa - stablecoins have achieved an unambiguous product-market fit. Millions of individuals and businesses all around the world use stablecoins for a variety of use cases, ranging from sending value across borders, getting access to USD-denominated value, conducting payroll, making everyday payments, and more. 

  ⚡️ Invest In Joltz ⚡️

LondonLink is hands-down one of the best valuations out there for an established, profitable company. They’re an absolute growth machine firing on all cylinders, and they’re about to launch a complete self-service exchange.

• Oldest UK brand established in 2013

• Over $47 million in trading volume for 2024

• 140% year-over-year revenue growth with a $2.3M annual run rate

• Profitable core business achieved with only $1.5M raised to date

• Experienced team and board

• Multiple successful exits, including a $4.5B transaction

• Significant growth drivers are anticipated in the next 6–12 months, including a self-serve custody platform and EU market expansion.

• 38% increase in web traffic Aug 24 to Sept 24, 68% up YoY for Sept

The latest big news for LondonLink: They were just granted the Lithuanian digital asset license. 

This means they have been officially authorized by the Lithuanian government to operate as a Virtual Asset Service Provider (VASP), allowing them to provide services related to cryptocurrencies and digital assets like exchange, storage, and transfer of cryptocurrencies within the country, subject to strict regulations and compliance with anti-money laundering laws.

• Granted permission to custody digital assets and hold customer fiat

• Granted permission to earn interest on customer fiat

• New predictable revenue stream; capitalising on high-interest environment

• Implementing a new lean compliance framework to increase conversion rates

• All necessary licensing granted to offer trading platform services

• Crucial stepping stone to ‘MICA’ license, which enables targeted marketing of the entire EU (Estimated $23bn SAM growing at ~30% CAGR)

• Platform launch on target for Q4 launch

• All regulatory dependencies achieved

• Slice will be profitable next month. The current cash burn is between $18-$20k per month. 

• Strong User Adoption: With 875,000+ downloads and steadily growing monthly active users, Slice has achieved product-market fit, is hitting an inflection point, and the reviews are fantastic.

• Current partners include Outbrain, Bing/Yahoo, and Taboola. Slice maintains between 10-15 paying B2B advertising accounts monthly. 

• Slice has released askvoid.com - a customizable search portal with AI features, widgets, and subscription revenue.
  

• Exponential Growth: Slice has achieved a 24x boost in LTV, from $1 to $24, showcasing the effectiveness of its model.

• Experienced Team: The founding team brings a powerful mix of engineering, marketing, and operational expertise with a track record of successful ventures.

• Innovative Technology Stack: Leveraging AI for precision targeting and the Bitcoin Lightning Network for micropayments, Slice is at the cutting edge of ad tech.

• Dual Revenue Streams: The combination of ad revenue and a freemium subscription model provides diversified income and resilience.

Thunder Funder is a RegCF Portal is dedicated to democratizing access to early-stage Bitcoin tech startups. Fuel innovation, own equity, drive adoption. The first offering, Joltz, is live now!

Hey! If you’ve invested through Lightning Ventures, you receive confidential company updates as they come in. Below are some public updates from our beloved portfolio darlings. Please let us know if you are an investor and are not receiving company updates.

⚡️ JAN3 has revealed some exciting updates to the AQUA wallet that you know and love. In addition to some brand updates, they have a cool new domain as well: www.aqua.net! There’s a lot more than just aesthetic updates, though, and you can check out all of the details here.

⚡️Foundation Devices announced the launch of a new Community Forum!

⚡️ PlebLab is throwing a party for the grand launch of “Pleb Devs”, an exciting new Bitcoin developer education platform built on Lightning and Nostr! RSVP here.

⚡️Strike introduces Bitcoin auto-withdrawals, allowing users to securely and automatically transfer BTC to self-custody for free within 24 hours.

⚡️ Breez partners with Mexican Bitcoin neobank Yopaki. Yopaki offers the ability to buy and sell bitcoin and other financial instruments. The app users also get access to automated channel management, resources to learn about Bitcoin (powered by Jippi), and the ability to earn sats by playing the Mexican game, Lotería.

⚡️ Geyser now supports the use of Nostr Wallet Connect (NWC) wallets on Geyser projects.

For the complete list of amazing companies and jobs in Bitcoin, be sure to keep an eye on Bitcoiner Jobs.