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Shiba Inu Bags $12 Million From Investors to Develop Shibarium Successor
Shiba Inu (SHIB) grabs $12 million in funding to develop L3
Shiba Inu (SHIB), the industry’s second-largest meme coin by market capitalization, has reportedly raised the sum of $12 million through sales of $TREAT. Per the report, top venture capital firms like Animoca Brands, Polygon Ventures and DWF Ventures, among others, participated in the round
The goal of this funding is to develop the protocol’s layer-3 scaling solution as a Shibarium successor. The layer-3 blockchain will be built on Shibarium and ultimately leverage the security and robust liquidity status of the underlying Ethereum protocol.