LTC Foundation signs MOU with Greywick Digital to bring LTC to Canton Network as cLTC

LTC Foundation: The Litecoin Foundation is a registered nonprofit organization dedicated to advancing the global adoption, awareness, and development of Litecoin. It supports initiatives that expand Litecoin's utility in both retail and institutional settings. In this news, the Foundation has signed an MOU with Greywick Digital to endorse and support the launch of cLTC, a version of Litecoin on the Canton Network for institutional trading and related uses. Greywick Digital: Greywick Digital is a company focused on issuing tokenized versions of established assets on the Canton Network, with each token backed by published reserves and independent attestation. It operates as an asset-agnostic platform tailored for regulated financial environments. In this development, Greywick has entered an MOU with the Litecoin Foundation to create and support cLTC as an institutional-grade asset on Canton, with the project advancing on testnet ahead of a planned launch. Asset Issuance Model: Greywick Digital brings native assets to Canton by locking reserves on their original chains and issuing attested tokens under network standards for use in institutional venues. Institutional Network: Canton Network serves as a settlement platform used by regulated financial institutions including DTCC, Goldman Sachs, and BNP Paribas for tokenized assets and privacy-preserving workflows.