Bankless founder: Regrets not buying more LIT

Odaily reported that Bankless founder David Hoffman posted on X, expressing regret for not buying more Lighter (LIT).

Hoffman explained that the logic behind investing in Lighter is simple:

1. Exchanges have always been the best business model in the crypto industry;

2. Perpetual contracts are still a brand-new track, far from reaching maturity;

3. Building an exchange based on zkL2 is currently the structurally optimal solution, offering high security, low operating costs, and high profit margins;

4. The product itself is also the strongest on the market, with the lowest latency, the lowest execution costs, and full transparency;

5. The engineering team is highly capable, having solved all the technical challenges;

6. The company is headquartered in the United States, operates in compliance, and this market remains a largely untapped blue ocean;

7. It also serves as an option betting on the "Tokenization of compliant assets";

8. Founder Vlad is in the right circles, knows the right people, and has the ambition to do great things.