🚀#ShibaInu raised $12 million for new blockchain and $TREAT Token
The Shiba Inu cryptocurrency project has successfully raised $12 million to support the development of its own dedicated blockchain, aiming to further enhance the functionality and reach of the Shiba Inu ecosystem.
This initiative includes the introduction of a new token, $TREAT, which will be integrated into the ecosystem on their newly developed layer-three network, built atop Shibarium.
This new blockchain platform is designed to focus on enhancing transaction privacy using Fully Homomorphic Encryption (FHE), setting a new standard in privacy and security for its users. This move is part of a broader strategy to expand Shiba Inu's technological infrastructure and market utility, potentially increasing its appeal and adoption within the crypto community.
