Cryptocurrency

Leading Crypto Wallet Provider Releases New Update To Enhance Shiba Inu (SHIB) Wallet

Tangem, a leading provider of cryptocurrency wallets, is set to unveil a new update for its popular Tangem Wallet, designed to enhance portfolio management and provide holders of cryptocurrencies such as Shiba Inu (SHIB) with a more intuitive experience.

Tangem is excited to announce the upcoming release of an update for Tangem Wallet, aimed at simplifying the process of sorting and organizing digital assets.

With this new update, users will have the ability to manually arrange their assets based on balances, networks, or any pattern of their choosing. This greatly improves the accessibility and flexibility of managing cryptocurrency portfolios.

Read Also: ChatGPT Predicts When Shiba Inu (SHIB) Can Reach $0.9

The Swiss-based Company’s Anticipated Rollout

Scheduled for release in October, Tangem’s latest update has garnered attention for its commitment to user satisfaction. The announcement video, prominently featuring cryptocurrencies such as Shiba Inu (SHIB), Bitcoin (BTC), Ether (ETH), and Polygon (MATIC), demonstrates the ease with which users can rearrange their portfolio assets.

This fresh update aims to offer an enhanced user experience that aligns with Tangem’s dedication to customer-centric solutions.

The forthcoming update comes as Tangem has experienced a remarkable surge in its user base. Remarkably, the company recently revealed a staggering 738% growth in customer numbers within the past year, following several successful partnership ventures. This impressive achievement showcases the company’s commitment to continuously evolve and improve its offerings to meet the demands of a rapidly expanding market.

Tangem and Shiba Inu Collaboration

Tangem’s decision to spotlight Shiba Inu (SHIB) as a featured asset within its upcoming wallet update should come as no surprise. Earlier this year, the Shiba Inu ecosystem partnered with the wallet provider, resulting in the launch of SHIB-themed hardware wallets in July.

These eye-catching card-shaped wallets allowed users to securely store SHIB tokens along with thousands of other cryptocurrencies. The initial batch of 5,000 devices sold out quickly, attesting to the enthusiasm of the Shiba Inu community. Tangem also forged closer ties with the SHIB community by gifting 10 SHIB wallets as part of their initial partnership.

Read Also: Shiba Inu Team Sends Warning Message to the SHIB Army

The Ripple Connection and SBI Holdings’ Investment

While Tangem’s partnership with the Shiba Inu ecosystem has garnered attention, it is worth mentioning that the company also has ties to another major player in the crypto industry, Ripple.

However, these connections are facilitated through a separate entity. In 2019, SBI Holdings, Ripple’s largest Japanese partner, made a significant $15 million investment in Tangem’s wallet business. This investment further solidifies the company’s stature within the crypto industry and positions Tangem for continued growth and innovation.

As Tangem prepares to launch its latest update for the Tangem Wallet, users can anticipate an enhanced portfolio management experience that prioritizes user customization and convenience.

With the inclusion of Shiba Inu (SHIB) as a featured asset in this update, Tangem further solidifies its commitment to providing tailored solutions for many cryptocurrency enthusiasts. This exciting development, coupled with Tangem’s impressive growth and strategic partnerships, positions the company at the forefront of the ever-evolving crypto landscape.


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Adedoyin Aka

Adedoyin is a graduate of Law and a Crypto & Blockchain expert who strongly believes that Blockchain is the future. At TimesTabloid, she focuses on crypto and blockchain educational content.

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