RCS - Pri0r1ty Intel Grp. - Launch of Lightning Network Routing Node

Pri0r1ty IntelligenceAnnouncement

25/07/2025 07:00

For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20250725:nRSY5124Sa&default-theme=true

RNS Number : 5124S  Pri0r1ty Intelligence Group PLC  25 July 2025

25 July 2025

Pri0r1ty Intelligence Group PLC

("Pri0r1ty" or the "Company")

 

Launch of Lightning Network Routing Node & Bitcoin Purchase

Further to the recent launch of the Company's Pr1bit cryptocurrency solution
for SMEs, Pri0r1ty Intelligence Group PLC (AIM: PR1), the AI, data and
marketing services group, is pleased to announce the launch of its Lightning
Network Routing Node for Bitcoin transactions.

 

Pr1bit, launched last month, is an additional paid SaaS offering designed to
transform businesses by integrating Bitcoin payment processing and treasury
management capabilities for them. Leveraging the power of AI and the industry
leading infrastructure of Coinbase Commerce, Pr1bit enables businesses to
accept Bitcoin payments seamlessly.

 

The Pri0r1ty Lightning Network enhances the capabilities of Pr1bit and ensures
clients can fully leverage the benefits of Bitcoin payments with instant and
almost cost-free transactions within the Pri0r1ty ecosystem. This allows
Pri0r1ty customers to send and receive Bitcoin payments on the Pri0r1ty
Lightning Network to Pri0r1ty and other SME customers in exchange for goods
and services at a significantly lower cost than the Bitcoin main network or
traditional online payment methods. Pri0r1ty will earn a routing fee for
processing transactions in Bitcoin satoshis (SATs), the smallest monetary
denomination of Bitcoin.

 

Dedicated nodes will be offered on the Pri0r1ty Lightning Network correlating
to each of the Company's main service lines of SaaS, consultancy, and project
work. The first node is already active, with over 100 successful Lightning
payments between channels having been processed on behalf of SMEs. Each
channel will have sufficient liquidity to ensure seamless transactions. To
ensure each channel has sufficient liquidity to avoid frequent rebalancing,
Pri0r1ty has deployed 100,000,000 SATs of liquidity for the first channel(s)
utilising its Bitcoin treasury reserves following the acquisition of Bitcoin
in support of this product. As adoption of the Pri0r1ty Lightning Network
grows, Pri0r1ty expects to add more channels and fill further liquidity
requirements in exchange for processing fees using its reserves.

 

The Company will also launch several Ethereum validator nodes and provide a
staking pool. Ethereum staking is a process where users lock up their Ethereum
to help secure the Ethereum network and earn rewards in return. It is the core
of Ethereum's proof of stake consensus mechanism. By staking Ethereum, users
become validators, participating in confirming transactions. Customers who
hold Ethereum whilst using Pr1Bit can earn rewards without running their own
validator node. Working with Coinbase Commerce to manage these nodes, the
Company expects to benefit from its strong infrastructure and expertise,
ensuring a secure and smooth staking experience.

 

James Sheehan, CEO of Pri0r1ty, commented:

"As our customers adopt Bitcoin, the need for an efficient, scalable and
cost-effective framework becomes more important. Building upon the roll out of
Pr1Bit, launching our own Pri0r1ty Lightning Network is a natural step, built
to allow our customers to make almost gasless, costless and instant
transactions within the Pri0r1ty ecosystem. We want to encourage our Pri0r1ty
community to collaborate with each other as businesses and spread our
solutions to a wider Web-3 enabled audience.

 

We are seeing an increase in demand for the ability to integrate Bitcoin
payments into customer solutions, and Pri0r1ty is well-placed to capitalise on
the continuing momentum and demand in the space."

 

Rory Maxwell, CEO of Halfspace and COO of Pri0r1ty, added:

"Pr1bit expands the opportunities for our clients in sport to engage new
audiences. A secure transparent platform for financial transactions and data
management, cryptocurrencies will transform many aspects of the sports
industry's engagement with its fans and customers and the way it operates
behind the scenes. From secure ticket sales and distribution management to
athlete compensation, to decentralised finance protocols creating new
investment, cryptocurrencies are a powerful tool for enhancing fan
experiences, combating fraud, and unlocking new revenue streams for teams and
leagues."

 

If you would like to explore how Pri0r1ty AI can help drive time and cost
efficiency for your business,

please contact plc@pri0r1ty.com (mailto:plc@pri0r1ty.com) .

 

For further information, please contact:

 

Pri0r1ty Intelligence Group PLC

James Sheehan, Chief Executive Officer

Email: ir@pri0r1ty.com (mailto:ir@pri0r1ty.com)

Tel: +44 (0)20 8064 3554

 

Investor Relations

Vigo Consulting

Ben Simons / Amelia Thorn

Email: PR1@vigoconsulting.com (mailto:PR1@vigoconsulting.com)

Tel: +44 (0)20 7390 0230

 

About Pri0r1ty Intelligence Group PLC

Pri0r1ty Intelligence Group is an AI, data and marketing services group. As an
SME, Pri0r1ty understands the unique challenges faced by smaller businesses
and has developed an AI Software-as-a-Service (SaaS) platform tailored to meet
these needs. Pri0r1ty's platform offers cost-effective solutions that automate
essential services like social media management, investor relations, and
corporate governance. By reducing reliance on expensive external providers,
the company empowers SMEs to streamline operations and focus on growth. The
group also includes Halfspace, a multi-award-winning, data driven, marketing
and technology business which primarily operates in the sports and
entertainment sectors. Its customer base includes and has included Premier
League football clubs, motorsports teams, sports leagues, national governing
bodies, sporting federations, digital media businesses, and direct-to-consumer
platforms.

 

Website: https://www.pri0r1ty.com (https://www.pri0r1ty.com)

LinkedIn: https://www.linkedin.com/company/pri0r1ty-ai-plc/
(https://www.linkedin.com/company/pri0r1ty-ai-plc/)

X: https://x.com/WearePri0r1ty (https://x.com/WearePri0r1ty)

 

About Reach announcements

This is a Reach announcement. Reach is an investor communication service aimed
at assisting listed and unlisted (including AIM quoted) companies to
distribute media only / non-regulatory news releases into the public domain.
Information required to be notified under the AIM Rules for Companies, Market
Abuse Regulation or other regulation would be disseminated as an RNS
regulatory announcement and not on Reach.

This information is provided by Reach, the non-regulatory press release distribution service of RNS, part of the London Stock Exchange. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  NRAEAXXLADLSEFA