Shiba Inu secures $12M in venture capital funding for its privacy-focused Layer-3 blockchain, Shibarium.

Shiba Inu (SHIB) secures $12 million in a venture capital funding round for its new privacy-focused Layer-3 blockchain, Shibarium. Major crypto investors, including Animoca Brands and Polygon Ventures, participated in the funding round, which involved purchasing the utility and governance token TREAT, yet to be publicly released. The funds will be used to develop the blockchain technology and expand the Shiba Inu ecosystem.

April 22, 2024
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