Litecoin partners with Coinut to launch Wrapped Litecoin (WLTC) on Ethereum
Litecoin (LTC) has teamed up with Coinut, a crypto exchange based in Singapore, to introduce Wrapped Litecoin (WLTC) on the Ethereum blockchain. This exciting development allows Litecoin holders to tap into Ethereum’s diverse features, such as staking, lending, and decentralized applications (dApps), enhancing the overall utility and liquidity for Litecoin users. The WLTC will maintain a 1:1 value with Litecoin, facilitating smooth transactions between the two networks. Coinut’s CEO, Xinxi