$SHIB: Digital Bank Revolut Quietly Brings Shiba Inu to Millions of Users PlatoAiStream PlatoAiStream. Data Intelligence. Vertical Search. Ai.

$SHIB: Digital Bank Revolut Quietly Brings Shiba Inu to Millions of Users

$SHIB: Digital Bank Revolut Quietly Brings Shiba Inu to Millions of Users PlatoAiStream PlatoAiStream. Data Intelligence. Vertical Search. Ai.

Digital bank Revolut, which was founded in 2015 in London and has grown to have over 18 million users, has quietly added support for the meme-inspired cryptocurrency Shiba Inu ($SHIB).

According to several users on social media, SHIB is available for trading on the platform along with dozens of other cryptocurrencies. Revolut notably did not make an official announcement on the listing.

While there was no official announcement, the digital bank has seemingly been teasing the Shiba Inu community to make it clear support for the meme-inspired cryptocurrency has been added. On Twitter, Revolut’s cover image has been changed to one of a Shiba Inu dog with the words “never settle” written above it.

Earlier this month, the company introduced the world to its Chief Pet Officer, a Shiba Inu dog named Sam. While the move was made to promote Revolut Pet Insurance, the choice of a Shiba Inu dog – used for most memecoins – caught the attention of the cryptocurrency community.

Shortly after Revolut introduced its Chief Pet Officer to the world, it added support for $SHIB.

Revolut started supporting major cryptocurrencies like $BTC, $ETH, and $LTC in late 2017, but soon expanded its cryptocurrency support to other cryptoassets like Tezos ($XTZ), EOS ($EOS), and 0x ($ZRX). It now supports dozens of cryptoassets.

As CryptoGlobe reported, Shiba Inu’s community has been growing over time. Earlier this month Shytoshi Kusama, the cryptocurrency’s community leader, announced that Shiba Inu was partnering with a burger restaurant with one physical outlet in Italy, Welly’s, to launch what was described as the “first and only SHIB themed restaurant powered by the community.”

The meme-inspired cryptocurrency has also seen Singapore-based blockchain solutions provider Unification, a company that has worked with firms like Google and Amazon, announced it has been working with the Shiba Inu community to develop Shibarium.

Shibarium, it’s worth noting, is a layer-two network built on top of the Ethereum blockchain meant to support the Shiba Inu ecosystem. It’s set to enable “rapid low cost transactions optimized for gaming.” Unification is planning on launching a public testnet for the network “very soon” according to its announcement.

The cryptocurrency’s liquidity was further recently boosted by a listing on one of Brazil’s oldest and most popular cryptocurrency trading platforms, Foxbit.

DISCLAIMER

The views and opinions expressed by the author, or any people mentioned in this article, are for informational purposes only, and they do not constitute financial, investment, or other advice. Investing in or trading cryptoassets comes with a risk of financial loss.

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