Crypto firm Luxxfolio is seeking $73 million to expand its strategy focusing on Litecoin. The funding will support the company’s goal of acquiring 1 million LTC by 2026 and bolstering its institutional adoption efforts. Key to this strategic move is the inclusion of Litecoin creator Charlie Lee on the advisory board for technical expertise. This development positions Luxxfolio as a significant supporter of Litecoin, signaling growing institutional interest in the asset. The fundraising could significantly influence Litecoin’s price and market dynamics as more companies diversify their cryptocurrency portfolios, potentially leading to increased liquidity and trading activity.