Shiba Inu Raises Funds for New Development

April 22, 2024 Tóth Balázs

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The team behind the memecoin Shiba Inu has raised $12 million through a prospective TREAT token sale to develop a new layer 3 blockchain focusing on data privacy. Contributors to the project include names like Polygon Ventures, Mechanism Capital, Big Brain Holdings, Shima Capital, Animoca Brands, Morningstar Ventures, Woodstock Fund, DWF Ventures, Stake Capital, and Comma 3 Ventures. Shiba Inu’s lead developer, Shytoshi Kusama, stated that the token sale encompassed both pre-seed and seed rounds.

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Shiba Inu Raises Funds for New Development

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