VC strategic partners comprises Comma 3 Ventures, Big Brain Holdings, Cypher Capital, Shima Capital, Hercules Ventures, Animoca Brands, Morningstar Ventures, Woodstock Fund, Polygon Ventures, Stake Capital, Illuminati Digital Capital, Primal Capital, Mechanism Capital, DWF Ventures, and Spirit DaoDUBAI, UAE, April 22, 2024 (GLOBE NEWSWIRE) -- Shiba Inu, an interconnected ecosystem of digital assets and solutions built on the Ethereum blockchain that includes popular global cryptocurrency $SHIB, today announced it has raised a $12 million round from a number of non-U.S.strategic partners in venture capital, including Comma 3 Ventures, Big Brain Holdings, Cypher Capital, Shima Capital, Hercules Ventures, Animoca Brands, Morningstar Ventures, Woodstock Fund, DWF Ventures, Polygon Ventures, Stake Capital, Illuminati Digital Capital, Primal Capital, Mechanism Capital, DWF Ventures and Spirit Dao. This group of investors has invested in the Shiba Inu Ecosystem through a $12 million purchase of the not-yet-released $TREAT utility and governance token, Shiba Inu’s final non-stable token.$TREAT is the final unreleased token by the popular meme brand that will unlock Shiba Inu’s newly announced blockchain featuring Fully Homomorphic Encryption (FHE).
Through the involvement of these venture capital firms and their strategic partners, we are expanding not only our network of trusted partners, but also exponentially increasing what Shiba Inu can truly be capable of for our community, The ShibArmy.” The funding, through The Shiba Inu Mint S.A.(a Panama corporation), will be used by Shiba Inu to build its new blockchain with FHE, ensure Shibarium becomes the meme center of the world, and expand security and regulatory compliance.
Its ecosystem of tokens includes $SHIB, $LEASH, and $BONE, plus native SHIBOSHIS and SHEboshi NFTs.SHIB.io utilizes the Shiba Inu Ecosystem to power quality technologies, including SHIB:The Metaverse and Shibarium, the Layer 2 blockchain providing a solid foundation, scalability, security, and innovation for a decentralized world.
The story " In a strategic venture capital round, Shiba Inu Secures $12 Million in Funding for Its New FHE Blockchain Through $TREAT Token" has 560 words across 15 sentences, which will take approximately 3 - 5 minutes for the average person to read.
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