Litecoin Foundation Partners with Greywick Digital to Launch cLTC on Canton Network
The Litecoin Foundation has signed a memorandum of understanding with Greywick Digital to introduce cLTC, a tokenized version of LTC, to the Canton Network. The initiative aims to facilitate institutional adoption by allowing LTC to be traded within the infrastructure used by major financial firms like Goldman Sachs and BNP Paribas. Under the agreement signed on October 1, 2026, Greywick Digital will manage the issuance and independent attestation of the token, which will be backed by reserves of native LTC and utilize the CIP-56 token standard. The launch on the Canton mainnet is targeted for late 2026, pending successful testnet validations and the implementation of public reserve disclosures.
Summaries are written by AI from the original article. Not investment advice.