Liti Capital SA, a Swiss Litigation Finance company, is announcing its launch into the world of crypto tokenization with the goal of providing retail investors with investment opportunities previously only available to the top 1% of investors. This puts the excitement and voting rights directly in the hands of the average investor. As one of the few asset-backed equity tokens soon to be on the blockchain, the LITI token can provide high ROI even in a bear market.
Litigation Finance is the practice of buying a share of a court case and then helping to win that case, taking a portion of the profits. Buying a share of the case provides the plaintiff with the funds to continue their side of the battle. Then Liti Capital hires the best lawyers, and if they win the case, help to find and collect the award. Liti Capital considers ongoing court cases to be “assets,” and these assets are what stand behind the LITI token. Because of the large payouts of these high-profile cases, these assets are extremely valuable. The Liti Capital team has extensive experience and a wide array of tools, including AI, that will help determine which cases are winnable as well as profitable.
David Kay, CIO, successfully enforced what was at the time the largest international arbitration award in history, bringing in more than one billion US dollars of cash and securities. Liti Capital has already raised $12 million in cash and litigation assets from private investors, owns a share of 3 cases valued at over $200 million, and is ready to open up to a wider market.
“We wanted to find a way to get everyone involved,” said Jonas Rey, Co-Founder and Managing Director of Liti Capital, “but how the financial markets are structured all but prevents that. The blockchain finally gave us the answer we were looking for.” Liti Capital uses the LITI token to represent a share in the company under Swiss law. While the LITI token gives access to voting rights and to dividend payment upon completion of a KYC process, it is not on any exchanges by design. The Company made a wrapped LITI (wLITI) for trading on Uniswap and soon other DEXes.
Long-term goals include helping to protect the crypto community, prosecute scammers, and return the lost funds to the token holders with the hopes of preventing these activities in the future and ensuring a safe environment for investment and innovation. Liti Capital will spend between 5 and 10% of its investment capital investigating and funding litigation against these scam coins and rug pulls.
Photo by Anokhi De Silva on Unsplash
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