Lite Strategy, a Nasdaq-listed company, has announced a strategic investment of $1 million in ZK Innovations, the team developing LitVM. LitVM is focused on creating a zero-knowledge proof-based Layer 2 network for Litecoin. This initiative aims to enhance the Litecoin ecosystem by introducing smart contracts, decentralized finance (DeFi), real-world asset tokenization, and cross-chain liquidity solutions.
Lite Strategy Invests $1 Million in LitVM for Litecoin Layer 2 Development
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