Blockstream, a notable development firm initiated by early Bitcoin innovator Adam Back, has inaugurated a new research and development center in Lugano, Switzerland. This initiative is designed to enhance fintech breakthroughs concerning Bitcoin’s Liquid and Lightning networks. The center is expected to promote innovation on layer 2 technologies by collaborating with local startups and offering essential resources, mentorship, and grants to selected projects. This effort expands upon successful events previously co-hosted by Blockstream in Lugano and Viareggio, Italy, aligned with its mission to augment Bitcoin's presence in contemporary finance.