Lightning Network Clears Publicly Reported $1 Million Transfer From SDM to Kraken

Voltage’s managed infrastructure powered the pilot to demonstrate enterprise readiness for near-instant, low-fee settlement.

Overview

Secure Digital Markets sent $1 million in Bitcoin to Kraken over Lightning on Jan. 28, settling almost instantly with minimal fees.
The companies characterized the transaction as the largest Lightning payment ever publicly disclosed.
Voltage supplied liquidity management, node uptime, and operational guarantees to route the seven-figure payment.
Kraken, which has supported Lightning for retail users, said the milestone reflects growing institutional demand for faster settlement options.
Coverage notes rising Lightning capacity and channel consolidation through 2025 as context, while broader institutional integration remains a developing question.