DeLorean to Accept Litecoin for Electric Vehicles
The Litecoin Foundation and DeLorean Labs have joined forces in a strategic partnership aimed at merging automotive innovation with cryptocurrency adoption. Under this collaboration, the DeLorean Motor Company plans to accept Litecoin (LTC) as a payment method for its upcoming electric vehicles once they hit the market. Additionally, customers will have the option to use DeLorean’s native digital asset, DMC, for eligible purchases. The partnership also includes plans for treasury management and collaborative events, though no specific timelines or vehicle details were disclosed.
In another development, Grayscale Investments has filed an amendment to its Form S-3 registration statement for the Grayscale Litecoin Trust, dated September 11, 2026. If approved, the product could be listed on NYSE Arca under the symbol LTCN and renamed the Grayscale Litecoin Trust ETF. Meanwhile, the Litecoin Foundation and Greywick Digital have signed a Memorandum of Understanding to create cLTC, a version of Litecoin for the Canton Network, aimed at institutional trading and yield-bearing products.
On October 6, 2026, Litecoin’s price dropped by 2.1 percent, trading at $69.42. The 24-hour range was between $69.08 and $70.93, with a market capitalization of $5.391 billion. Despite the partnership announcements, no governance details or measurable targets were provided.