Lite Strategy leads $1 million strategic investment in LitVM
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According to Globenewswire, Nasdaq-listed Lite Strategy led a $1 million strategic investment in LitVM, obtaining governance participation rights and potential subscription opportunities for future tokens. LitVM is a zero-knowledge Layer 2 scaling network built on Litecoin. The new funding supports the introduction of smart contract capabilities and a programmable application layer to Litecoin after LitVM's mainnet launch.
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