A group of international strategic partners in venture capital has invested \(12 million in Shiba Inu, an interconnected ecosystem of digital assets and solutions operating on the Ethereum blockchain. This ecosystem includes the popular global cryptocurrency \)SHIB. The investors, comprising Mechanism Capital, Big Brain Holdings, Cypher Capital, Shima Capital, Hercules Ventures, Animoca Brands, Morningstar Ventures, Woodstock Fund, DWF Ventures, Polygon Ventures, Stake Capital, Illuminati Digital Capital, Primal Capital, Comma 3 Ventures, DWF Ventures, and Spirit Dao, have acquired the unreleased $TREAT utility and governance token, the final non-stable token of Shiba Inu.

The $TREAT token, the last unreleased token under the well-known meme brand, will grant users access to Shiba Inu’s newly unveiled blockchain featuring Fully Homomorphic Encryption (FHE) technology provided by Zama.ai. This innovative encryption chain aims to tackle various crypto-related challenges, including privacy and trust issues for the vast community interested in cryptocurrency and the tens of millions of Shiba Inu supporters.

Lead Developer of Shiba Inu, Shytoshi Kusama, expressed gratitude to the community and emphasized the project’s evolution from its founder Ryoshi’s vision. The ecosystem has evolved significantly, incorporating unique core technology, community engagement, gaming, AI, metaverse, DeFi, self-sovereign identity, and encryption capabilities. The support from prominent VCs, angel investors, and brands signals a significant step forward in realizing the project’s decentralized vision and expanding its potential impact on the ShibArmy community.

Through The Shiba Inu Mint S.A., based in Panama, the investment will fuel the development of Shiba Inu’s blockchain infrastructure integrated with FHE technology, positioning Shibarium as a global leader in meme culture while enhancing security and regulatory adherence. Collaborations with partners like D3 for acquiring a .shib top-level domain, charitable initiatives with organizations such as the Manny Pacquiao Foundation, and affiliations with groups like CDSA demonstrate Shiba Inu’s commitment to enhancing its technological capabilities and accessibility for its user base.