Shibarium Nearly Complete, Shiba Inu With a New Major Announcement

Shiba Inu has shared yet another announcement with its community.

The ecosystem’s marketing strategist took it to Twitter (now known as X) to reveal that the SHIB Doggy DAO has partnered with a leading digital asset advisory and investment firm.

SHIB Doggy DAO Shakes Hands with ATH

The new partnership is struck between Alpha Transform Holdings (ATH) and SHIB Doggy DAO. The latter is the decentralized autonomous organization that’s governed by holders of the SHIB token and funds the projects that are now built on Shibarium.

Meanwhile, ATH is a digital asset advisory and investment firm that’s comprised of a team of veteran leaders from heavyweights like Nasdaq, News Crop, and Disney and has advised projects like Tether and even Ethereum, per the report.

Commenting on the matter was Chief Investment Officer and CEO at Alpha Transform Holdings, Enzo Villani, who said:

“SHIB continues the incredible trajectory. Shibarium has already seen great momentum. With over 21 million wallets and over 250,000 smart contracts written to their Layer 2 blockchain testnet, there are many brands in entertainment, media, and finance that will be interested in engaging with this vibrant community.”

Shibarium Nearly Complete

In a comment on the partnership, the lead developer behind the Shiba Inu ecosystem – Shytoshi Kusama – said that Shibarium is “nearly complete.”

“Now that Shibarium is nearly complete, and our full structure placed at the feet of the world, we couldn’t ask for a better partner to help shepherd this next phase of the Shiba global phenomenon. […] We look forward to Alpha Transform helping our Foundation swiftly and effectively chart the best course possible for the future of the Shiba Inu ecosystem.”

The SHIB price hasn’t yet reacted to the news, trading 2% down in the past 24 hours but 11% up for the day, following an impressive weekly rally.