
Why Treasury Companies Need Lightning | Dave Lund #216
From The Bitcoin Collective by Jordan Walker
March 18, 2026 · 58 min
About this episode
Dave Lund discusses how treasury companies can leverage the Lightning Network to earn yield on Bitcoin without losing custody.
Most Bitcoin treasury companies are sitting on their Bitcoin and paying custody fees. But there's a way to make that Bitcoin work, earning native yield on the Lightning Network, without giving up your keys or taking on counterparty risk.Dave Lund, co-founder of FlowRate, joins Jordan Walker to break down one of the most underexplored business models in Bitcoin right now, and why treasury companies may be the key to unlocking the Lightning Network's next phase of growth.Available now on YouTube and all podcast platforms.🇬🇧 Join the UK Bitcoin Business Network: https://bitcoincollective.co/bbn/CONTACT JORDAN:X: https://x.com/JayW132LinkedIn: https://www.linkedin.com/in/jordan-walker-293955106/Email: hello@bitcoincollective.coCONTACT DAVE:X: https://x.com/davelund_Flowrate: https://www.flowrate.com/ Chapters: 00:00 Coming Up00:31 Welcome and why Lightning matters01:13 Dave’s background and why he built Flowrate03:12 Swedish Bitcoin Association and Lightning growth04:37 Bitcoin as asset vs money and why payments matter08:51 Utility argument and why Lightning unlocks adoption10:53 What Flowrate is and the Lightning “ISP” analogy19:29 How Flowrate works with treasury companies27:11…
People in this episode
Host: Jordan Walker
Guest: Dave Lund
Topics covered
- Bitcoin treasury
- Lightning Network
- business models
- custody fees
- native yield
- counterparty risk
Keywords
- Bitcoin
- Lightning Network
- treasury companies
- custody fees
- yield
- FlowRate
- adoption
Mentioned in this episode
Organizations: FlowRate, Swedish Bitcoin Association, ARK
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