Lite Strategy backs Litecoin Layer-2 bet with $1M investment
Lite Strategy backs Litecoin Layer-2 bet with $1M investment
Lite Strategy invested $1 million in LitVM, a Layer-2 project bringing smart contracts to Litecoin.The deal gives Lite Strategy governance rights and potential exposure to future LitVM tokens.Santiment data showed Litecoin whale wallets rising despite weak transaction activity and recent price declines.
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