Shibtoken Secures $12M in First Fundraise for FHE Token $TREAT

Apr 23, 2024, 09:11 AM

The Shibtoken ecosystem has successfully completed its first fundraise, securing $12 million from strategic VC partners for its new token, $TREAT. This token incorporates Fully Homomorphic Encryption (FHE) technology to enhance privacy and user experience. The funding round, led by Cypher Capital, included contributions from Polygon Ventures, Mechanism Capital, BigBrain VC, Shima Capital, and Animoca Brands.