According to Crypto Briefing, Nasdaq-listed company Lite Strategy, which uses Litecoin as its primary treasury reserve asset, has led a $1 million strategic investment in ZK Innovations, the developer of LitVM. LitVM is building a zero-knowledge Layer 2 platform for Litecoin, aiming to bring smart contracts, DeFi, tokenized real-world assets, and cross-chain liquidity to the Litecoin ecosystem. This investment grants Lite Strategy governance participation rights and the opportunity to acquire a portion of LitVM's future network tokens. Lite Strategy currently holds approximately 850,000 LTC, accounting for about 1.1% of the total Litecoin supply mined to date. LitVM is preparing to launch its mainnet infrastructure, leveraging BitcoinOS and Arbitrum Nitro to introduce zero-knowledge rollup scaling, EVM compatibility, and trustless bridging for Litecoin. https://(wublock123.com)/news/lite-strategy-leads-1m-zk-innovations-investment-supports-litvm-litecoin-zk-layer2-63072