tl;dr
Shiba Inu, the Ethereum-based ecosystem represented by the second-largest canine-themed token SHIB, raised $12 million in a token sale round for building its privacy-focused blockchain. Investors, including Animoca Brands, DWF Ventures, Polygon Ventures, and others, purchased the new network's upcom...
Shiba Inu, the Ethereum-based ecosystem represented by the second-largest canine-themed token SHIB, raised $12 million in a token sale round for building its privacy-focused blockchain. Investors, including Animoca Brands, DWF Ventures, Polygon Ventures, and others, purchased the new network's upcoming utility and governance token TREAT. This fundraising comes as Shiba Inu developers collaborate with cryptography company Zama to develop a privacy-focused new network on top of Shibarium, the ecosystem's Ethereum-based layer-2 blockchain.
Investors participating in the round purchased $12 million worth of the new blockchain's upcoming utility and governance token TREAT. Investors include Animoca Brands, DWF Ventures, Polygon Ventures and others.
Disclaimer: The opinions expressed by the writers at Grow My Bag are their own and do not reflect the official stance of Grow My Bag. The content provided on our site is not intended as investment advice, and Grow My Bag is not an investment advisor. We do not endorse buying or selling any cryptocurrencies or digital assets mentioned in our articles. High-risk investments in Bitcoin, cryptocurrencies, and digital assets require thorough due diligence, and all transfers and trades made are at your own risk. Grow My Bag is not responsible for any potential losses and participates in affiliate marketing.