Bankless founder: Regret not buying more LIT

Bankless founder David Hoffman posted on X, expressing regret over not buying more Lighter (LIT).

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

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

2. Perpetual contracts remain an entirely new track, far from mature;

3. Building an exchange 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, lowest execution costs, and full transparency;

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

6. The company is headquartered in the US, operating compliantly, and this market remains a largely untapped blue ocean;

7. It also serves as a bet on "compliance asset tokenization";

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