Our Investment in Lit Protocol 🔥

by Vic Singh

Today, $LITKEY launches to secure, meter and govern the Lit Protocol network as the universal adapter across applications and AI agents. At the same time, RRE is excited to finally announce our investment in Lit Protocol, the company behind $LITKEY. Lit Protocol is building foundational cryptographic infrastructure for decentralized key management. At RRE, we’ve long believed that the next wave of decentralized applications will require a new secure decentralized trust layer to protect and govern a broad scope of use cases from autonomous AI agents to cryptographic wallets, and Lit is providing exactly that.

Lit is building the decentralized key management and programmable signing network that will unlock composable, secure, privacy-first building blocks across Web3, AI, cross-chain systems, and beyond. Providing encryption or wallets is commonplace — but Lit offers dynamic, rule-based access control and signing logic as first-class primitives, all backed by threshold cryptography and a resilient node network. Put simply, Lit allows developers to build apps where users control their data and permissions, where keys are managed securely in a distributed network, and where cross-system and cross-blockchain interoperability is simple.

Why We Invested

I first invested in David years ago when I was building the crypto practice at Eniac. We stayed close and over time, I was continually impressed by his creativity, commitment, and obsession. David’s unwavering drive and depth, coupled with our overarching decentralization thesis at RRE, made it a no-brainer to invest. Simply put, David is a force and the proof is in the execution. Today Lit Protocol protects over 1.7 million wallets and manages over $400m in assets across more than 30 million encrypted data points.

As cross-chain activity, agentic applications, and data-sovereign AI systems grow, so does the need for a foundational, secure, distributed key management network.

• Technical DNA + Infrastructure Credibility: Lit’s architecture reflects a deep understanding of distributed systems and applied cryptography. The network uses threshold cryptography and trusted execution environments (TEEs) to securely split signing and decryption operations across independent nodes, meaning no single participant ever controls the full key. These design choices have positioned Lit as a critical piece of the emerging “programmable cryptography” stack underpinning Web3 and AI infrastructure.
• Policy-Based Access for Real-World Security: Encryption is turned into an access layer, one that understands logic and not just locks. Developers can define rules and Lit can enforce these conditions at runtime via on-chain checks and off-chain attestations. This programmable access allows all data to stay encrypted everywhere, which unlocks new use cases within privacy and compliance without compromising decentralization.
• Developer-First Programmability and Composability: Lit is not a black-box service — it’s a programmable network. Through Lit Actions, developers can embed custom JavaScript inside the signing process, connecting key management directly to on-chain logic, APIs, or AI agents. Across Web3, AI, and cross-chain builders alike, Lit becomes the modular access control primitive that scales as their systems evolve.

Market Tailwinds

Explosive growth in cross-chain systems, autonomous agents, and privacy-centric applications is outpacing today’s security models, driving demand for infrastructure that can coordinate trust, policy, and execution seamlessly across blockchains and AI environments.

• Rising Complexity + Rising Demand: Every major computing shift increases the number of systems that must authenticate, encrypt, and sign on behalf of users. The industry needs a decentralized trust layer that can scale horizontally across these contexts, and Lit’s programmable key infrastructure does just that.
• Interoperability as a Core Primitive: Cross-chain activity, federated AI models, and multi-agent systems can’t depend on siloed key providers. Lit’s model-agnostic, network-level key sharing enables interoperability between blockchain and applications, moving us in a fundamental step toward an open, multi-domain compute fabric.

RRE is a proud backer of world-class founders, and David Sneider is just that. He is a multi-time builder and visionary, and we are proud to partner with him as he scales this business into a generational one. Congrats to David and the entire Lit team on today’s listing, this is only the beginning!