Litecoin Treasury Company Lite Strategy Leads $1 Million Strategic Investment in LitVM

Odaily Planet Daily News Litecoin treasury company Lite Strategy, listed on Nasdaq, announced it has led a $1 million strategic investment in LitVM, while gaining governance participation rights and potential future token subscription opportunities. LitVM is a zero-knowledge Layer 2 scaling network built on Litecoin. The new funds will support its ability to introduce smart contract capabilities and a programmable application layer for Litecoin after the mainnet launch. (Globenewswire)