HomeNewsRipple's Strategic Partner Tangem Wallet Teases Significant Update, Good News for Shiba...

Ripple’s Strategic Partner Tangem Wallet Teases Significant Update, Good News for Shiba Inu

- Advertisement -
  • 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.

SHIB and Tangem: Fortifying Cryptocurrency Presence

- Advertisement -

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

- Advertisement -

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.

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.

Best Crypto Exchange for Everyone:

  • Invest in Shiba Inu 70+ cryptocurrencies and 3,000 other assets.
  • 0% commission on stocks – buy in bulk or just a fraction from as little as $10.
  • Copy top-performing traders in real time, automatically.
  • Regulated by financial authorities including FAC and FINRA.

2.8 Million Users

Get Started


- Advertisement -
ETHNews does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. Readers should do their own research before taking any actions related to cryptocurrencies. ETHNews is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned.
Kenny Williams is a crypto fanatic and writer with a deep passion for blockchain technology. He holds a degree in computer science from University of Texas at Austin and has been actively involved in the crypto world for over 5 years. Kenny spends most of his time researching and analyzing the latest trends and developments in the world of cryptocurrency. His expertise and insights have made him a respected voice in the industry, and his writing has been published in leading crypto publications. When he's not writing or researching, Kenny enjoys tinkering with technology and building his own blockchain projects. He's also an avid traveler and loves to explore new cultures and cuisines around the world.
- Advertisment -spot_img