Shiba Inu is gaining more traction with exchanges after its explosive run-up
Vienna-based digital investment platform Bitpanda has enabled support for Shiba Inu trading, according to a Friday announcement.
It has also announced a trading competition for SHIB fans with a prize pool of 10,000 euros.
After wrapping up its $170 million Series B funding round in March, Bitpanda became Austria’s first fintech unicorn.
Its valuation then swelled to over $4 billion after raking in an additional $263 million in August.
Both funding rounds were led by Valar Ventures, a New York-based venture capital firm co-founded by billionaire Peter Thiel.
As reported by U.Today, the Dogecoin offshoot also started trading on Coinbase Pro in mid-September.
Earlier this week, the cryptocurrency skyrocketed more than 300%, captivating the attention of the cryptocurrency community. However, the rally has since cooled off.
