Litecoin Foundation signs MOU with Greywick Digital to bring cLTC to Canton Network
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Litecoin Foundation and Greywick Digital signed a memorandum of understanding on October 1, 2026 to develop cLTC for the Canton Network. The project is described as a tokenized Litecoin asset aimed at institutional traders, with work taking place on Canton’s testnet and a launch expected by the end of 2026. Litecoin is also presented as having processed more than 417 million historical transactions since 2011, alongside a verified circulating supply above 77 million out of a fixed 84 million cap.
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What it means
Institutional traders and firms watching Canton will see a Litecoin-branded asset moving through testnet work, with a launch window already set for the end of 2026. The main immediate change is that cLTC is being developed specifically for use on Canton rather than as a general Litecoin chain change, and the work is tied to the memorandum of understanding signed on October 1, 2026.
Before this, Litecoin was simply a long-running network; now there is a separate cLTC effort being built around the Canton Network and aimed at institutional use. The practical difference is that the asset is being shaped for that environment while the underlying Litecoin history and supply profile remain the same, including the network’s transaction count and fixed cap.
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