GSR Leads $100M Private Placement Into MEI Pharma To Launch First Litecoin Treasury Strategy

This story was originally published on HackerNoon at: https://hackernoon.com/gsr-leads-$100m-private-placement-into-mei-pharma-to-launch-first-litecoin-treasury-strategy . The $100 million private investment in public equity (PIPE) into MEI represents a significant step toward institutionalizing Litecoin as a treasury asset. Check more stories related to web3 at: https://hackernoon.com/c/web3 . You can also check exclusive content about #web3 , #gsr , #chainwire , #press-release , #gsr-announcement , #gsr-markets-review , #blockchain-development , #good-company , and more. This story was written by: @chainwire . Learn more about this writer by checking @chainwire's about page, and for more stories, please visit hackernoon.com . GSR will work closely with Litecoin (LTC) creator Charlie Lee. Lee and a GSR appointee will also join MEI’s Board of Directors. The $100 million private investment in public equity represents a significant step toward institutionalizing Litecoin as a treasury asset.