{"id":21465,"date":"2026-02-06T10:22:18","date_gmt":"2026-02-06T10:22:18","guid":{"rendered":"https:\/\/bitunikey.com\/news\/bitcoins-lightning-network-clears-record-1m-transfer-to-kraken\/"},"modified":"2026-02-06T10:22:22","modified_gmt":"2026-02-06T10:22:22","slug":"bitcoins-lightning-network-clears-record-1m-transfer-to-kraken","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/bitcoins-lightning-network-clears-record-1m-transfer-to-kraken\/","title":{"rendered":"Bitcoin\u2019s Lightning Network clears record $1M transfer to Kraken"},"content":{"rendered":"<p><\/p>\n<div class=\"post-detail__content blocks\">\n<p class=\"is-style-lead\">Secure Digital Markets sent $1M in Bitcoin to Kraken over Lightning, showcasing near-instant, low-fee settlement for institutional-size payments.<\/p>\n<div id=\"cn-block-summary-block_3c19884ef82312406e9a841fa5f9a75e\" class=\"cn-block-summary\">\n<div class=\"cn-block-summary__nav tabs\">\n        <span class=\"tabs__item is-selected\">Summary<\/span>\n    <\/div>\n<div class=\"cn-block-summary__content\">\n<ul class=\"wp-block-list\">\n<li>Secure Digital Markets completed a $1M Bitcoin transaction to Kraken via Lightning on Jan. 28, the largest publicly reported Lightning payment so far.<a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/bitcoinmagazine.com\/news\/sdm-executes-1-million-lightning-kraken\" target=\"_blank\" rel=\"nofollow\"><\/a><\/li>\n<li>The pilot, powered by Voltage\u2019s enterprise Lightning infrastructure, aimed to test high-value settlement between regulated counterparties with near-zero fees.<a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/voltage.cloud\/blog\/the-first-publicly-reported-dollar1m-lightning-transaction-and-it-took-47-seconds\" target=\"_blank\" rel=\"nofollow\"><\/a><\/li>\n<li>SDM, Kraken, and Voltage executives say the transfer signals Lightning\u2019s readiness for institutional treasury, venue-to-venue settlements, and faster exchange payments.<a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.tradingview.com\/news\/financemagnates:db022676a094b:0-largest-ever-1m-lightning-transaction-marks-bitcoin-s-leap-toward-faster-settlements\/\" target=\"_blank\"><\/a><\/li>\n<\/ul><\/div>\n<\/div>\n<p><!-- .cn-block-summary --><\/p>\n<p>Secure Digital Markets (SDM) completed a $1 million Bitcoin transaction via the Lightning Network on January 28 in a pilot project with cryptocurrency exchange Kraken, the companies announced.<\/p>\n<p>The transaction represents the largest Lightning payment ever publicly recorded, according to the companies. The payment settled almost instantly with minimal fees.<\/p>\n<p>The operation was facilitated by Voltage\u2019s Lightning enterprise infrastructure. Voltage is a Bitcoin payments and infrastructure provider focused on institutional clients.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p>\n<p>The pilot project was designed to test whether the Lightning Network can support high-value transfers between regulated counterparties, according to SDM. The institutional trading and lending desk said the pilot demonstrated how Lightning can support use cases such as internal treasury movements, high-value settlements, and transfers between trading venues without the delays associated with on-chain settlement.<\/p>\n<p>\u201cMoving $1 million to Kraken via Lightning Network marks a definitive shift in global settlement architecture,\u201d said Mostafa Al-Mashita, co-founder and director of sales and trading at SDM. \u201cWe have moved beyond the era of questioning Bitcoin\u2019s institutional capacity.\u201d<\/p>\n<p>Kraken has supported Lightning for retail payments for several years. The company said the transaction reflects growing demand from institutional clients for faster settlement options.<\/p>\n<h2 class=\"wp-block-heading\">Bitcoin Lightning Network used in investment<\/h2>\n<p>\u201cMilestones like this demonstrate what\u2019s possible when innovation meets real-world demand,\u201d said Calvin Leyon, head of on-chain at Kraken. \u201cBy drastically reducing settlement times, Lightning Network unlocks Bitcoin\u2019s potential on a global scale.\u201d<\/p>\n<p>Graham Krizek, founder and CEO of Voltage, said the transaction highlights the network\u2019s maturity and its ability to meet enterprise requirements.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Secure Digital Markets sent $1M in Bitcoin to Kraken over Lightning, showcasing near-instant, low-fee settlement for institutional-size payments. Summary Secure Digital Markets completed a $1M Bitcoin transaction to Kraken via&hellip;<\/p>\n","protected":false},"author":1,"featured_media":15459,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-21465","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/21465","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=21465"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/21465\/revisions"}],"predecessor-version":[{"id":21466,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/21465\/revisions\/21466"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/15459"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=21465"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=21465"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=21465"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}