Svmuu News Nasdaq: Lite Strategy, the financial services firm behind Litecoin, has announced that it is leading a $1 million strategic investment in LitVM, while also securing governance participation rights and potential opportunities to subscribe to future tokens.LitVM is a zero-knowledge Layer 2 scaling network built on Litecoin. The new funding will support the introduction of smart contract capabilities and a programmable application layer for Litecoin following its mainnet launch. (Globenewswire)