Shiba Inu Raises $12 million Token Funding to Develop Layer 3 Blockchain

Shiba Inu raised $12 million through TREAT tokens to develop its new privacy-focused Layer 3 blockchain. Shiba Inu said Monday that the 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.