Lunar Digital Assets, the leading full-stack blockchain venture studio, today announced that Litecoin creator Charlie Lee has joined the advisory board of LitVM, Litecoin’s virtual machine designed to enable smart contract capabilities and Web3 applications on the network. Lee will provide strategic advice as LitVM expands the development of programmable infrastructure for the Litecoin ecosystem. The project also announced Litecoin Foundation, BitcoinOS, Arbitrum, QuickSwap, Lunar Digital Assets, Succinct, Espresso and Caldera as strategic partners with integrated collaboration.
Together, these collaborators help establish the technical foundation and developer ecosystem needed to bring smart contract capabilities to Litecoin. LitVM is the first EVM-enabled Layer 2 built on Litecoin and aims to introduce scalable smart contract functionality to the Litecoin network without compromising Litecoin’s core principles of security, decentralization, and reliability.
“Litecoin has always strived to be a secure, reliable and accessible network for global payments,” said Charlie Lee, creator of Litecoin. “Extending Litecoin’s capabilities with programmable infrastructure has long been a topic of interest within the community. LitVM allows developers to explore decentralized finance, tokenization of real-world assets, and new digital experiences directly on Litecoin while preserving its core design and I am excited to contribute to its growth and development.”
LitVM’s architecture adapts proven Bitcoin-inspired technology to the Litecoin ecosystem, enabling compatibility with the Ethereum Virtual Machine (EVM) and allowing developers to build applications using familiar Web3 tools.
“Charlie’s involvement is incredibly meaningful to this initiative and to the broader Litecoin community,” said Aztec Amaya, CSO of Lunar Digital Assets and co-founder of LitVM. “Litecoin is one of the most respected and proven networks in the industry, and having its creator help guide the development of LitVM is both an honor and a huge vote of confidence. We are also excited to work alongside such an exceptional group of partners whose expertise spans infrastructure scaling, crypto, and DeFi. Bringing together leaders from across the ecosystem gives LitVM a strong foundation for expanding the possibilities of Litecoin.”
With a strong advisory board and leading ecosystem partners behind it, LitVM signals credibility and clear direction as it advances its roadmap. Upcoming steps include the LitVM testnet, which will bring smart contracts and programmable tools to Litecoin for the first time. Together, these developments evolve Litecoin into a hard money Web3 ecosystem focused on resilience, decentralization, and long-term innovation on Litecoin.
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About LitVM
LitVM is Litecoin’s virtual machine, enabling smart touch capabilities and Web3 applications for Litecoin. Officially endorsed by Charlie Lee and the Litecoin Foundation, LitVM is committed to fostering a “Hard Money Web3” ecosystem, including Litecoin yield opportunities, real-world assets, AI and more. For more information, please visit
About Lunar Digital Assets
Lunar Digital Assets is a leading Web3 venture studio offering a full range of marketing, incubation, PR and BD-related services. The team is responsible for incubating companies like Polygon, QuickSwap, and the hit Crypto podcast “The Aggregated.” Lunar Digital Assets operates as a comprehensive incubation, marketing and PR support team that helps scale, launch and grow blockchain projects and their ecosystems. For more information, please visit
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