Litas.io, a blockchain-based payment and crowdfunding platform, has secured a $20 million investment commitment to enhance its technology and expand its business, the company said. Litas is based in Vilnius.
The company states that it “simplifies access to digital finance for SMEs but also integrates them into the crypto economy with ease.”
The funding follows the company’s successful private sale and will support the launch of new ventures in 2025, including a crypto sauna, bar, and an online crypto casino, all of which will accept Litas tokens as payment to grow the platform’s ecosystem, founder Tomas Zubrickas said.
Founded as a modern revival of Lithuania’s former national currency, Litas.io aims to simplify investing in real-world assets (RWAs) while promoting privacy and decentralization in the digital economy.
The platform addresses common challenges in RWA investment, such as high costs and complex regulatory frameworks, by offering tokenized assets, income-backed buybacks, and user-friendly investment tools.
Litas.io has already demonstrated profitability, with businesses within its ecosystem generating income.
One of its flagship ventures, DaddyWonderland, a startup with no direct competitors, recorded $110,000 in profits and attracted 15,000 users in 2024.
The company allocates 30% of revenue from such ventures to support and expand the Litas ecosystem.
The platform also features a centralized exchange and wallet app, a play-to-earn miner game with real-time pricing, and an RWA crowdfunding platform designed for crypto investors.
Litas.io’s e-commerce integration allows online retailers to accept cryptocurrency payments, further broadening its appeal.
Litas tokens ($CLT) are currently available through the Litas Wallet app, with plans to list on exchanges such as Coinflare, MEXC, and Gate.io in the coming months.
The company expects to continue listing on Tier-1 and Tier-2 centralized exchanges every 2-3 months over the next two years.
Supported by Rollman Management Digital and other partners, Litas.io aims to establish itself as a leader in blockchain-based finance, offering early investors discounted tokens and passive income opportunities driven by real-world revenue streams.