Participants of recent funding round purhchased not-yet-launched cryptocurrency TREAT, which is said to be the final non-stable token of the SHIB ecosystem.Shiba Inu , an ecosystem of interconnected blockchain solutions on top of Ethereum , shares the details of its latest funding round so far. A total of $12 million was secured from a clutch of highly reputable VCs, including Mechanism Capital, Big Brain Holdings, Cypher Capital, Shima Capital and Hercules Ventures.
TREAT will be a key tokenomic element of the new Shiba Inu blockchain powered by Fully Homomorphic Encryption . The new chain will be leveraging the FHE technology of the ecosystem's partner, Zama.ai.
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