Shiba Inu 馃憖
Shiba Inu raises $ 12 million 馃挵in token round for its new blockchain
the team behind the popular namesake memecoin, has raised $ 12 million by selling its unreleased token, TREAT, to non-U.S. venture capital investors. These investors include Polygon Ventures, Mechanism Capital, Big Brain Holdings, Shima Capital, Animoca Brands, Morningstar Ventures, Woodstock Fund, DWF Ventures, Stake Capital and Comma 3 Ventures, Shiba Inu said Monday.
However, some of these investors, such as Mechanism Capital and Shima Capital, appear to be headquartered in the U.S. When questioned, Shiba Inu's lead developer, known as Shytoshi Kusama, told The Block that none of the investors are based in the U.S., though full entity names may not be disclosed.
Shiba Inu began raising for the round a few months ago and concluded it earlier this month, Kusama said. He declined to comment on valuation, but a source with direct knowledge of the matter told The Block that it was a tranched round, with each tranche occurring at valuations of $ 75 million, $ 100 million and $ 200 million, respectively
more information 馃憞 shibatoken.com
www.theblock.co/post/290068/shiba-inu-funding-treat-token-new-blockchain
