Liti Capital SA, a Swiss-based litigation funding provider that has opened up private equity investing to the masses through blockchain technology, is launching staking for its wLITI token.
Starting on September 13, wLITI token holders will be able to stake their tokens and receive wLITI in return. “Staking is a crucial tool to be attractive in the DeFi space and to reward our community for supporting us long term,” says Jonas Rey, Liti Capital’s co-founder. Token holders can stake their tokens by heading to the Liti Capital app, on the Liti Capital website, connecting a compatible wallet and selecting staking. The product does not require holders to go through any know-your-customer (KYC) checks. At launch there will be three options for users to stake their wLITI tokens:About Liti Capital Switzerland-based Liti Capital is a Swiss limited liability company specializing in litigation finance and fintech. Liti Capital buys litigation assets to fund lawsuits and provides a complete strategic solution along with connections to top law firms to help clients win their cases. Tokenized shares of the company lower the barrier of entry for retail investors and give token holders a vote in the company’s decision-making process. Dividends are distributed to LITI token holders upon the success of the plaintiff. Jonas Rey, co-founder of Liti Capital, also heads Athena Intelligence, one of the most successful intelligence agencies in Switzerland. His two co-founders, Andy Christen and Jaime Delgado, bring operational, innovation and technical skills to round out the leadership team.
Liti Capital recently onboarded seasoned industry leader David Kay as chief information officer and executive chairman. Boasting more than a decade of experience as funding partner and portfolio manager of a billion-dollar private equity fund in the litigation financing space, Kay successfully enforced what was at the time the largest international arbitration award in history, bringing in over $1 billion in cash and securities.
For project information, please read the Whitepaper. For token distribution, please read Tokenomics. Liti Capital Official Channels Liti Capital Website: https://liticapital.com Liti Capital Telegram: https://t.me/Liti_Capital_Official Liti Capital Telegram Announcements: https://t.me/Liti_Capital_Official_ANN Liti Capital LinkedIn: https://www.linkedin.com/company/liti-capital Liti Capital Twitter: https://twitter.com/liticapital Liti Capital Medium: https://medium.com/@liticapital Liti Capital Reddit: https://www.reddit.com/r/liticapital