Digital Asset Management Firm Metalpha to Partner with Litecoin Foundation to Develop Sustainable Mining Solutions

According to CoinDesk, digital asset management company Metalpha Technology Holding Ltd stated that it will cooperate with the Litecoin Foundation (Litecoin Foundation) to develop sustainable mining solutions for the Litecoin ecosystem, including developing derivatives and promoting renewable energy. usage and energy efficiency to reduce the carbon footprint of blockchain mining in the Litecoin network. Metalpha will develop financial derivative products for LTC tokens, and it also aims to provide cryptocurrency miners with products to hedge market risks and reduce the environmental impact of cryptocurrency mining. Additionally, the parties will work with universities and research institutions to further advance sustainable blockchain innovation, support public education around the Litecoin network, and increase network awareness, adoption, and scalability.