Lite Strategy Announces $1M Strategic Investment in LitVM, Litecoin Layer 2 Protocol

LTC1.39%
According to Globenewswire, Lite Strategy, a Nasdaq-listed Litecoin treasury company, announced a $1 million strategic investment in LitVM. The investment grants Lite Strategy governance participation rights and potential subscription opportunities for future tokens. LitVM is a zero-knowledge Layer 2 scaling network built on Litecoin, with the capital targeting the deployment of smart contract functionality and programmable application layers following the protocol's mainnet launch.
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