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

Odaily reported that Lite Strategy, a Nasdaq-listed Litecoin treasury company, announced it has led a $1 million strategic investment in LitVM, while also obtaining governance participation rights and potential future token allocation opportunities. LitVM is a zero-knowledge Layer 2 scaling network built on Litecoin. The new funding will support it in introducing smart contract capabilities and a programmable application layer for Litecoin after its mainnet launch. (Globenewswire)