Tokens.com Corp., a publicly traded company that invests in revenue-generating crypto and blockchain assets linked to Decentralized Finance (DeFi), Non-Fungible Tokens (NFT) and metaverse real estate, is pleased to share it has acquired 833 million SHIB tokens.
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SHIB is an Ethereum-based token that supports several DeFi and NFT projects which include Shibaswap and Shiboshis. Shiba Inu has a current market capitalization of over $30 billion. Tokens.com intends on staking the SHIB tokens to earn additional SHIB. Staking is the environmentally friendly alternative to crypto mining.
“We believe we are the first publicly traded company to provide its investors with exposure to SHIB tokens,” commented CEO, Andrew Kiguel. “Shiba Inu has evolved to become one of the largest, most popular and liquid cryptocurrencies in the world with a very loyal following. As a result of its low trading price, Tokens.com was able to purchase a significant number of SHIB.”
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