News

Important Update to Investors

Posted on July 1, 2022
Written By  Liti Capital

Geneva, 1 July 2022

Dear LITI and wLITI Holders,

Liti Capital has made the strategic decision to place our primary focus on the company’s equity token, LITI. Our wrapped token, wLITI, will therefore take a back seat.

Backed by an asset class that’s uncorrelated to external financial markets and consistently outperforms others, the LITI token is a rare and precious gem; a token that seeks to provide much needed security and comfort in these volatile times.

Our decision to pivot our focus means that LITI holders will no longer be able to wrap their tokens and convert them to wLITI after 17 July 2022 at 5:00 PM CET.

wLITI will continue to be freely tradeable, and wLITI holders will still be able to unwrap their tokens to convert them to LITI (after passing KYC).

Further, all staked wLITI will continue to stake for the applicable time period, after which the wLITI token may be unwrapped (following the holder passing KYC).

We are excited about this new direction for Liti Capital’s token offering. This is a positive decision, and the product that our company is ultimately building upon - litigation funding - remains the same.

If you have any questions, please contact us at contact@liticapital.com.

Kind Regards,

The Liti Capital Team

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Liti Capital SA (“Liti Capital”) is a litigation finance company registered in Switzerland under number CHE-379.790.214. All information contained on this website is intended for general information, and should not be construed as investment advice. The information on this website is not intended to provide a sufficient basis on which to make an investment decision. It does not constitute a recommendation or take into account the particular investment objectives, financial conditions, or needs of individual investors. The information is not an offer to sell or a solicitation of an indication of interest to purchase any security of Liti Capital, or to make any investment. An investment decision should be made solely on the basis of offering documentation that Liti Capital may provide to you separately, which you should review in detail with your professional advisers. “US Persons” (as defined for purposes of US securities laws) will not be allowed to purchase any securities that may be issued by Liti Capital unless they satisfy the requirements of US securities laws, including qualifying as an accredited investor. There can be no guarantee that any security issued by Liti Capital will be profitable and investors may lose all of the capital they invest in any such securities. While Liti Capital attempts to ensure that the information contained on this website is accurate and complete, no representation or warranty, express or implied, is made as to the accuracy, completeness or reasonableness of the information contained on this website. Liti Capital assumes no responsibility for such errors and omissions, and reserves the right to make changes to content and other information on the website at any time without notice.
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