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 firstname.lastname@example.org.
The Liti Capital Team