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Luxxfolio invests in LitVM to expand Litecoin's smart contract and DeFi capabilities.

Market News
13 Oct 2026
Newsfile Corp
View Source
Bullish
Luxxfolio invests in LitVM to expand Litecoin's smart contract and DeFi capabilities.

Luxxfolio Holdings Inc. has made a strategic investment in LitVM, a Layer 2 blockchain project aimed at bringing smart contract functionality and decentralized applications to the Litecoin network. This move supports Luxxfolio's broader strategy to enhance Litecoin's utility beyond payments, enabling new applications in decentralized finance and tokenized real-world assets. The investment aligns with Luxxfolio's existing mining and infrastructure activities and aims to drive long-term adoption and developer engagement within the Litecoin ecosystem. Luxxfolio plans to continue exploring opportunities that complement its focus on Litecoin and digital asset infrastructure.

Luxxfolio's strategic investment in LitVM is the focus, with Pluang market data providing context. As of Oct 13, 2026 22:41 WIB, out of 150 US stocks priced on Pluang, 59 rose and 90 fell. Notable movers include Plug Power Inc at USD 1.55 with a 4.01% decline, Pinterest Inc at USD 22.12 up 3.27%, and Li Auto Inc at USD 11.75 up 3.07%.

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