Lykke adds Litecoin, more than 30 new assets to Lykke Exchange
Lykke, a Swiss FinTech company building a regulated, blockchain-based global marketplace, has added the market-leading Litecoin cryptocurrency to the Lykke Exchange, along with many other digital assets. Lykke started to actively expand the list of assets from the beginning of February, 2018, and has added more than 30 new tokens since then.
Litecoin is one of the top five cryptocurrencies in the world by value, with a market capitalization in excess of $2 billion. It is renowned for its faster transaction speeds relative to bitcoin and its ability to handle higher transaction volumes.
“The maturation of the Lykke Exchange continues apace with Litecoin,” said Richard Olsen, Lykke founder and CEO. “This important expansion to our offerings brings an investment opportunity to our community on a par with Ethereum and bitcoin. We’re especially proud of the Litecoin integration. Thanks to the modular software architecture of our platform, which provides an abstract integration layer, bringing Litecoin onto our exchange was a smooth and painless process.”
This ingenious integration scheme enables Lykke to adapt new cryptocurrencies to the Lykke Exchange through partial automation. The integration layer handles common tasks across blockchains, including cash flow operations and client wallets, so that Lykke can incorporate new assets on the exchange simply by deploying the appropriate software connectors.
Following in the success of Litecoin, five additional blockchain integrations are currently in the testing phase with the support and participation of Lykke’s crowdsourcing community.
Litecoin is just one of more than 30 new additions to the Lykke Exchange. For the most up-to-date listing of tradeable tokens and coins, visit