February 6 News, Bitcoin's Lightning Network completed a record-breaking institutional transfer. A digital asset service provider called Secure Digital Markets (SDM) completed a Bitcoin payment worth approximately $1 million through the Lightning Network in a pilot project, used for fund settlement with its partner. This transaction is considered by industry insiders to be the largest publicly disclosed Lightning Network payment case to date. According to disclosures, the transfer was completed almost instantly with very low fees, significantly better than traditional on-chain settlement methods. The entire process was supported by Voltage, a enterprise-level Lightning Network infrastructure provider, demonstrating the feasibility of the Lightning Network in high-frequency, large-volume, low-latency fund transfer scenarios.