In a groundbreaking move, Amboss has unveiled its latest offering, 'Rails,' designed to revolutionize how companies, custodians, and high net worth individuals manage their Bitcoin assets.
As the popularity of Bitcoin continues to rise, so does the need for innovative solutions that not only allow users to hold their Bitcoin securely but also enable them to generate yields.
Rails emerges as the cutting-edge self-custodial yield platform that meets these needs while simultaneously enhancing the operational capacity of the Lightning Network.
In this article, we will explore the intricacies of Rails, its potential impact on the Lightning Network, and how it paves the way for broader Bitcoin adoption across various economic sectors.
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Key Takeaways
- Amboss has launched Rails, a self-custodial Bitcoin yield platform targeting companies and high net worth individuals.
- Rails empowers users to earn yields on Bitcoin while enhancing the performance of the Lightning Network.
- Partnerships with CoinCorner and Flux highlight Rails as a scalable solution for Bitcoin transactions and broader adoption.
Overview of Amboss's Rails Service
The introduction of Amboss's Rails service marks a significant advancement in the Bitcoin ecosystem, particularly for companies, custodians, and high net worth individuals who are keen on maximizing their Bitcoin holdings.
This self-custodial Bitcoin yield platform enables users to earn attractive yields on their investments while simultaneously enhancing the operational capacity of the Lightning Network.
With Rails, liquidity providers (LPs) can maintain direct custody of their Bitcoin, allowing them to generate returns through liquidity leases and payment routing.
However, it's crucial to note that while the potential for yield generation exists, these returns are not guaranteed.
CEO Jesse Shrader highlights the transformative potential of Rails by stating that it not only provides investment opportunities but also empowers businesses to support the resilience of the Lightning Network.
This dual benefit positions Bitcoin as an increasingly viable global medium of exchange.
Rails offers two primary options to users: the Rails LP option targets high net worth individuals and custodians with a substantial minimum requirement of 1 BTC, which must be committed for a minimum of one year.
Meanwhile, liquidity subscriptions cater to businesses that utilize Bitcoin for payments, starting at a competitive fee of
0.5%.
Moreover, the strategic partnership between Amboss, CoinCorner, and Flux highlights Rails's potential as a scalable solution for Bitcoin transactions.
CoinCorner’s integration of Rails into their exchange services in the Isle of Man further underscores the platform's growing credibility and functionality.
According to CoinCorner's CFO David Boylan, this collaboration embodies the trust in Rails as an innovative tool that facilitates greater Bitcoin adoption for businesses.
Overall, Rails stands as a promising development in the realm of digital finance, encouraging companies to leverage the benefits of the Lightning Network while ensuring their Bitcoin remains in their custody.
Impact on the Lightning Network and Bitcoin Adoption
The introduction of Rails by Amboss presents a substantial opportunity for both liquidity providers and businesses engaged in the Bitcoin ecosystem.
By enabling users to uphold direct custody of their Bitcoin, Rails not only mitigates common concerns regarding asset security but also opens doors to yield generation in the expanding landscape of the Lightning Network.
One of the most impressive aspects of this platform is its dual-use nature, as it allows users to foster their investment portfolios while also contributing actively to the Lightning Network's liquidity and efficiency.
As businesses increasingly adopt Bitcoin for transactions, the Rails LP option offers high net worth individuals and custodians a compelling investment pathway, especially with the commitment of just 1 BTC over a fixed term.
This innovative approach not only offers a promising yield but also aids in building a more robust infrastructure for Bitcoin transactions—ultimately contributing to its credibility as a stable medium of exchange on a global scale.
By Wolfy Wealth - Empowering crypto investors since 2016
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