Luxxfolio Holdings has signed a non-binding letter of intent with Hypercall to explore options trading on part of its Litecoin ($LTC) and Dogecoin ($DOGE) holdings. Luxxfolio is a digital asset company focused on Litecoin mining and accumulation, while Hypercall provides options trading products on Hyperliquid.
Under the proposed program, Luxxfolio would sell covered calls on selected $LTC and $DOGE holdings through Hypercall. The company would decide which assets to use, how much to allocate, and the strike prices and expiration dates. Each option would be backed by the corresponding cryptocurrency.
