Shiba Inu, a leading #memecoin with dogs đ, has raised $12 million đž to develop a new privacy-oriented Layer-3 blockchain đ€. The team sold TREAT, its token đ°, to venture capital investors outside the US đ, including Polygon Ventures, Mechanism Capital, Big Brain Holdings, Shima Capital, Animoca Brands, Morningstar Ventures, Woodstock Fund, DWF Ventures, Stake Capital, and Comma 3 Ventures đ€. TREAT serves as the utility and management token for the new privacy-oriented Layer-3 blockchain built on Ethereum Layer-2 blockchain Shibarium đ.
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