PANews, June 20 – According to Globenewswire, Nasdaq-listed Litecoin treasury company Lite Strategy announced it has led a $1 million strategic investment in LitVM, while also obtaining governance participation rights and potential subscription opportunities for future tokens. LitVM is a zero-knowledge Layer 2 scaling network built on Litecoin, and the new funding will support its introduction of smart contract capabilities and a programmable application layer for Litecoin after mainnet launch.