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

Odaily Planet Daily reports that Lite Strategy, a Nasdaq-listed Litecoin treasury company, has announced leading a $1 million strategic investment in LitVM, while also acquiring governance participation rights and potential allocation opportunities for future tokens. LitVM is a zero-knowledge Layer 2 scaling network built on Litecoin. The new funds will support the introduction of smart contract capabilities and a programmable application layer for Litecoin after its mainnet launch. (Globenewswire)