In addition to Libra, Facebook will be releasing a security token. The Libra Investment Token (LIT) will be a free-floating asset similar to a stock. There are strict requirements over who can purchase these tokens. For example, one needs to have either $1 billion as a traditional company or in managed cryptocurrency assets. Each LIT will be a stake in Facebook’s cryptocurrency project.

Read full article

Like what you read?

More from Token Tracker