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Lite Strategy invests $1M in Litecoin Layer-2

Lite Strategy invests $1M in Litecoin Layer-2

  • Lite Strategy invested US$1 million in LitVM, a Layer-2 platform designed to bring smart contracts and decentralised applications to Litecoin.
  • The deal provides governance participation rights and potential access to future LitVM network tokens.
  • The investment expands Lite Strategy’s focus beyond Litecoin accumulation and into ecosystem infrastructure development.

Lite Strategy invested US$1 million in ZK Innovations, the developer of Litecoin (CRYPTO:LTC) Layer-2 platform LitVM, strengthening its involvement in infrastructure tied to the cryptocurrency’s future development.

The Nasdaq-listed company said the investment provides governance participation rights in LitVM and the opportunity to acquire a portion of the project’s future…

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