The Litecoin Foundation has signed a memorandum of understanding with Greywick Digital to develop cLTC, a tokenized version of Litecoin for institutional finance. The cLTC will circulate on the Canton Network, a public blockchain built for institutional finance, backed by locked Litecoin reserves. Launch is slated for late 2026, contingent on testnet validation and public reserve disclosures. The Canton Network already hosts major players including DTCC, Goldman Sachs, and BNP Paribas.
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