- Tangem to release an update improving user experience in crypto management within two weeks.
- SHIB sees growth with Tangem partnership; Ripple’s major partner, SBI Group, invested $15M in Tangem in 2019.
Streamlining Crypto Management with Tangem’s New Update
Swiss-based Tangem, a leader in hardware crypto wallet production, has officially disclosed plans for an imminent update set for October. This enhancement aims at resolving the “cluttered cryptocurrency portfolio” issue. With this upgrade, Tangem will introduce a feature allowing users to effortlessly organize and categorize their diverse cryptocurrency holdings.
Tired of a messy crypto portfolio? We've got you covered. In October, you will be able to sort your tokens in any order that suits you best.
Sort by balance or manually, and also group by network.
Tailor your portfolio to your unique style. Your crypto, Your way! pic.twitter.com/LYbbLoDX1W
— Tangem (@Tangem) September 15, 2023
SHIB and Tangem: Fortifying Cryptocurrency Presence
Earlier in the year, a symbiotic relationship was formed between Tangem and the cryptocurrency, Shiba Inu. This collaboration resulted in the unveiling of the inaugural batch of SHIB-branded crypto wallets, a limited edition of 5,000. Remarkably designed to mimic the dimensions of a standard bank card, these wallets have the capacity to hold an impressive range of over 6,000 different cryptocurrencies, with SHIB being a notable inclusion.
Following the rapid acquisition of the first batch, Tangem, in August, announced the readiness of an additional 5,000 wallets. This partnership with a high-profile wallet producer not only elevated SHIB’s status in the crypto sphere but also paved the way for their significant participation at the Blockchain Futurist Conference on August 15-16. Here, SHIB demonstrated its robustness, aligning itself alongside premier cryptocurrency firms and exchanges.
During this influential conference, anticipation culminated in the launch of the “Shibarium“, a Layer-2 blockchain, which has since captivated numerous projects. The SHIB team, displaying their innovative streak, is in the midst of constructing their unique metaverse, with multiple hubs already showcased to their devoted SHIB followers.
The Ripple Connection: SBI Group’s Investment in Tangem
In a pivotal 2019 move, SBI Group, recognized as Ripple’s primary ally in Japan, funneled a significant investment of $15 million into Tangem. Recognizing the potential of this collaboration, Tangem had then articulated that such a substantial investment would significantly propel their foray into diverse areas including stablecoins, ICOs, and digital identities, amongst others.
I'm tweeting from my vacation because I've received numerous DMs from concerned individuals wondering if something is amiss amidst all the FUD…
Relax, folks. There's no need to worry. The market is the market, and FUD is just a bunch of desperate losers attempting to peddle…
— 𝐋𝐔𝐂𝐈𝐄 | ✨Shibarium✨ (@LucieSHIB) September 15, 2023
In addition, LucieSHIB, the official Shiba Inu marketing expert, has recently addressed concerns regarding the prevailing market rumors about SHIB and Shibarium. Emphasizing the strategic positioning of SHIB for an anticipated cryptocurrency market upswing, she advised the community to stay vigilant against hasty decisions influenced by market hype and reiterated the team’s commitment to authentic projects over short-lived market trends.
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