Lolli, a prominent platform for Bitcoin rewards, has acquired Slice, a popular browser extension enabling passive Bitcoin earning. This strategic acquisition aims to accelerate adoption of the Lightning Network and provide enhanced rewards capabilities for users. ⚡️
The integration focuses on seamlessly connecting Bitcoin rewards with the Lightning Network’s capabilities, promising faster and more efficient payment experiences. Lolli’s CEO, Alex Adelman, who brings a strong background in fintech, expressed his excitement about this development, highlighting the benefits of enhanced user experience through the integration.
This move aligns with a growing trend in mainstream Bitcoin services embracing the Lightning Network for off-chain Layer 2 payments and reward settlements. The acquisition is expected to significantly impact the broader cryptocurrency rewards industry, as it fosters financial innovation and user engagement across the space.
While the acquisition price remains undisclosed, Lolli has previously secured $28 million in venture funding. The integration promises a future where earning Bitcoin rewards becomes smoother and more accessible through this innovative approach.