Shiba Inu DAO Gets Serious With New Advisory And Investment Firm
August 16 2023 - 2:00PM
NEWSBTC
Shiba Inu, an Ethereum-based cryptocurrency, is bolstering its
commitment to driving its ambitious goals in the crypto industry by
appointing a new tech advisor. The move will see Alpha Transform
Holdings (ATH) providing expertise and advice to the Shiba Inu DAO
Foundation. Strategic Partnership with Alpha Transform
Holdings In a Twitter post released by Lucie, a Content Marketer
for the Shiba ecosystem, it was revealed that Alpha Transform
Holdings, a leading cryptocurrency advisory venture capital firm
would be entering a counseling role for the foundation behind Shiba
Inu DAO. Related Reading: Another Crypto Millionaire Has Been
Found Dead The update was disclosed on Monday, August 14 in a press
release where ATH underlined all the benefits Shiba Inu could
potentially gain from decades of experience providing expertise
advice to major crypto projects in the industry. The
partnership between Shiba Inu DAO and ATH was enthusiastically
welcomed by Alpha Transform Holdings’s Partner, Media, and
Entertainment lead, Seth Shapiro. He emphasized Shiba Inu’s pivotal
role in transforming the future of the Web3 space and showed full
support for the new alliance. “In the past 15 years,
web2 technologies, mobile, streaming, and social, have rewritten
the economics of media. We believe that web3 will have a
significant impact in the coming years. The Shiba Inu ecosystem is
one of the first to offer a 360 strategy for M&E integration at
scale. We look forward to working with their team as this next era
begins,” Shapiro stated. SHIB price shows strength as ecosystem
grows | Source: SHIBUSD on Tradingview.com ATH Contribution To
Shiba Inu DAO Growth Alpha Transform Holdings is a new holding
company with a team of advisors and strategic partners. According
to reports, ATH’s team will provide Shiba Inu DAO with collective
experience and knowledge of investments, industry technology, and
operations. The digital asset organization includes a team of
professionals in multiple fields including banking, design, and
technology, who are said to have deep experience in providing
support on topics such as mergers, IPOs, strategic developments,
token economics, and more. ATH has also made partnerships
with several high-value organizations, which SHIB potentially
stands to benefit from. Some of these organizations include Nasdaq,
Disney, and News Corp, veteran companies that have counseled
leading blockchain projects like Ethereum and Tether. Related
Reading: Institutional XRP Holdings Rise Rapidly Following Ripple’s
Win Over SEC Shiba Inu Lead Developer, Shytoshi Kusama has shown
ardent support for the new alliance with ATH. He stated his
anticipation towards Shiba Inu’s future with ATH guidance
especially with Shibarium, Shiba Inu’s upcoming layer 2 Shibarium
project almost finalized. “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,” Kusama stated. “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.” Featured image from iStock, chart from
Tradingview.com
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