HTC Says Its Crypto-Friendly Smartphone Will Support Litecoin

HTC's new blockchain-compatible smartphone will support litecoin, creator Charlie Lee said Sunday.

Lee announced the news Sunday, adding that he was joining the development team of the HTC Exodus as an advisor.

The news comes days after Lee claimed he met with the Exodus' team last week.

Lee further confirmed that the Exodus will support the Lightning Network on litecoin natively.

He added a disclaimer that the Exodus will still support bitcoin.

HTC confirmed the news Monday, saying the team was "Honored" to have Lee join as an advisor.

The Taiwanese electronics maker first announced the Exodus in May, saying it was developing the world's first cryptocurrency smartphone.

HTC chief crypto officer Phil Chen told CoinDesk that the company is hoping to begin distributing the new phone by the end of the year, though he declined to provide a firm date.

In July, HTC said the phone will also support the mobile app CryptoKitties.

HTC is not the only company working on a blockchain-dedicated smartphone - Sirin Labs recently raised $157 million in an initial coin offering to build the "Finney."