Shytoshi Kusama, the lead of the Shiba Inu project, has sparked excitement among the SHIB community with a recent tweet. His tweet sheds light on his frequent location changes and hints at significant developments ahead for the SHIB community.
Kusama's Location Changes Spark Speculation, SHIB Secures $12M for FHE Blockchain Launch
Kusama's frequent changes in location status on social media platforms, notably switching between Hong Kong, Japan, and the United States, caught the attention of the SHIB community. Currently based in Los Angeles, California, these movements sparked speculation among supporters.
The speculation turned out to be true, as Shiba Inu announced securing a substantial $12 million from strategic venture capital partners led by Cypher Capital. This funding will facilitate the launch of the project's next-generation Fully Homomorphic Encryption (FHE) blockchain via TREAT, the final non-stablecoin token in the Shiba Inu ecosystem.
Kusama Teases Exciting Developments for Shiba Inu Blockchain
In an exhilarating tweet, Kusama referenced his location changes while pitching to industry experts, hinting at the significant developments underway. Treat will power Shiba Inu blockchain's fully homomorphic encryption, developed in partnership with Zama.
Kusama's tweet suggests ambitious plans for the SHIB community, aiming to elevate the project's brand and expand its utility. While specific details were not disclosed, anticipation grows regarding potential partnerships, product launches, and ecosystem expansions.
Shytoshi Kusama's tweet has ignited excitement within the SHIB community, hinting at significant developments on the horizon. With the project securing substantial funding and focusing on encryption technology, the future looks promising for SHIB supporters eagerly anticipating further updates and announcements.