Litecoin launches wrapped LTC tokens through Ethereum network

Litecoin just announced a new collaboration with Coinut, a Singapore-based crypto exchange, to offer Wrapped Litecoin (WLTC) tokens on Ethereum.

WLTC will be pegged 1:1 with Litecoin, facilitating a maximally smooth experience. These tokens will increase interoperability between the two protocols with access to new features.