Bitmine, the world’s main crypto monetary administration firm, introduced its progress technique and strategic investments centered on Ethereum at its 2026 Annual Normal Assembly of Shareholders. Some of the notable elements of the convention was Bitmine Chairman Tom Lee’s complete presentation on the decentralized change (DEX) protocol Lighter (LIT).
Bitmine thought-about the Lighter mission as one of many cornerstones of its progress technique. In a session with Lighter CEO Vlad, it was acknowledged that the mission isn’t just an change, however a essential infrastructure for the Ethereum ecosystem.
In keeping with remarks made on the convention, Lighter is a Layer 2 (L2) protocol constructed on prime of Ethereum. Ranked prime when it comes to transaction quantity and transaction processing velocity (TPS), Lighter combines the safety and velocity of Ethereum. The platform goals to revolutionize perpetual futures buying and selling and spot asset buying and selling, amongst different issues. Vlad stated the system offers a verifiable buying and selling course of and offers safety towards market manipulation similar to flash crashes.
Tom Lee stated Lighter was one in every of Bitmine’s “moonshot” investments. By way of this collaboration with Lighter, the objective is to tokenize conventional Wall Road property (similar to shares) and convey them onto the blockchain.
The assembly additionally drew loads of consideration to BitMine’s $200 million funding in MrBeast (Beast Industries), a world-renowned content material producer.
*This isn’t funding recommendation.
