The Liquid Federation is excited to welcome seven new member companies: Cowbolt, Eulen, illuminodes, Mooze, OrderMoon, Sorted Wallet, and SOUSTA, bringing total Federation membership to 87. Together, they represent a meaningful expansion in both where Liquid is being deployed and how it is being used.
Meet the Members
The new members broaden Liquid’s usage across three distinct sectors: everyday payments, decentralized protocols and infrastructure, and Bitcoin capital markets.
Eulen is enabling permissionless cross-border remittances across Latin America with its Brazilian stablecoin, DePix. It currently supports more than 100,000 unique monthly users across its vast P2P network of OTC desks.
illuminodes brings on-the-ground expertise from El Salvador, pairing Bitcoin and Nostr-native infrastructure through its Nostrades protocol. Nostrades is designed to improve liquidity coordination and discovery in a decentralized way, without giving up keys. By using Nostr as a neutral communication layer, illuminodes is working to reduce friction for financial products and smart contracts (like Simplicity) while keeping architecture aligned with Bitcoin’s permissionless model.
On the consumer side, Mooze and Cowbolt expand everyday access to Bitcoin, bringing self-custody and ease-of-use payments, group expense and other simple flows using Lightning and Liquid rails. Complementing this, Sorted Wallet targets the devices most wallets ignore, supporting USDT and Bitcoin utility on feature phones and low-spec Android devices across Africa and South Asia.
New members also extend Liquid’s reach into merchant adoption and Bitcoin-native capital markets. Ordermoon is integrating Bitcoin payments into hospitality workflows, making Lightning (via the Breez Nodeless SDK) acceptance a natural part of brick-and-mortar commerce. Ordermoon is also leveraging Liquid’s asset issuance capabilities to create tokens representing loyalty points and discounts for users. SOUSTA, meanwhile, is advancing the tokenization of income-producing real estate and real estate funds on Liquid, using tokenized securities to represent economic rights and ownership interests.
The next step for members is to turn their integrations into measurable user access, liquidity and volume on Liquid. As these teams deploy and scale, they will help broaden what’s possible for developers and enterprises using Liquid as a Bitcoin-native foundation.
Bitcoin Capital Markets
Liquid has seen record adoption the past year, with all-time-highs in volume and TVL, now totaling more than $5B.
Members are driving this growth through a flywheel effect: each new integration makes Liquid more useful in the real economy, which attracts more builders, deepens liquidity, and expands the set of services available.
As these companies deliver solutions tailored to local and regional markets, including payments, remittances, savings, commerce, and tokenization, more users gain exposure to Bitcoin capital markets. They begin to understand the value: faster settlement on the most battle-tested codebase, reduced reliance on third parties, and an alternative to the inflationary and operational risks embedded in legacy fiat systems.
If your organization develops payment systems, tokenization platforms, wallet infrastructure, or enterprise services, reach out to start a conversation. Additionally, stay informed on network upgrades, demos, and new member initiatives by following Liquid on X and YouTube and subscribing to the blog.
