Cardano Integration Brings Native Token Support

The integration with Cardano is particularly noteworthy for the cryptocurrency community. Cardano is a proof-of-stake blockchain platform known for its scalability and security features.

With this update, Tangem users can now manage Cardano native tokens (CNTs) directly within their wallets. This includes popular tokens like Iagon (IAG), SingularityNET (AGIX), Cornucopias (COPI), Snek (SNEK), and World Mobile Token (WMT).

To access these functionalities, users simply need to update their Tangem app. Once updated, Cardano native tokens can be found within the “Manage Token” section. While staking functionality for Cardano is not currently available, Tangem has indicated plans to integrate staking support in the near future.

The Cardano community reacted positively to the news. Several community members expressed their appreciation for Tangem’s support by pledging to purchase Tangem wallets. Notably, Stake with Pride, a prominent Cardano stake pool operator, showcased their purchase of a Tangem Wallet 2.0 Pack of 3, further solidifying the community’s enthusiasm.

Beyond Cardano, Tangem’s integration with Manta broadens user options by incorporating a privacy-focused blockchain platform. Unlike public blockchains where transactions are transparent, Manta offers enhanced transaction confidentiality for users seeking additional privacy for their digital assets. To interact with the Manta network and its privacy-preserving features, users need to update their Tangem apps.

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Tangem Bolsters Its Position with Extensive Network Support

These integrations bring the total number of supported networks on Tangem to 61. This extensive list includes major players like Bitcoin, Ethereum, XRP Ledger, and Solana, alongside newer projects like Aleph Zero, Hedera Hashgraph, Kusama, and Shibarium.

Founded in 2021, Tangem has established itself as a leading provider of secure self-custody solutions. Their signature product, the Tangem Wallet, is a physical card-shaped hardware wallet offering a user-friendly and secure way to manage crypto assets. With over 1 million cards manufactured, Tangem continues to grow its user base and expand its reach within the cryptocurrency ecosystem.

Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.

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Bridging the Gap Between Crypto and Traditional Finance

Launching later this year, Tangem Pay represents a significant step forward in integrating cryptocurrencies into mainstream financial systems. Tangem CEO, Andrey Kurennykh, emphasizes the solution’s dual benefit, stating that Tangem Pay offers a two-in-one solution, combining the security and control of a self-custody wallet with the ease of use of a traditional debit card.

Read Also: Shiba Inu Releases Latest Update on SHIB Cold Wallets: Details

This initiative facilitates a bridge between the worlds of traditional finance and decentralized digital assets, empowering users to leverage the advantages of both ecosystems.

Tangem Pay will initially support Tether (USDT) on the Polygon network but plans to add more cryptocurrencies in the future. Tangem’s wallets already support thousands of digital assets across 59 blockchain networks, including SHIB, LEASH, and BONE on various networks like Ethereum, BSC, and Shibarium.

Beyond Shiba Inu: Tangem Pay Expands to Major Crypto Wallets

While the partnership with Shiba Inu initially brought Tangem into the spotlight, Tangem Pay’s reach extends beyond customized wallets. The company has ambitious plans to integrate this payment solution with other popular crypto wallets, including Metamask, Trust Wallet, and Ledger. This inclusivity ensures a broader impact within the cryptocurrency community.

Tangem’s Enduring Partnership with Shiba Inu (SHIB)

Established in 2021, Tangem has created a niche in the crypto custody solutions market with its innovative card-shaped hardware wallets. These wallets offer users the flexibility of seed-based or seedless activation for enhanced security.

Interestingly, a Tangem spokesperson revealed that a typical purchase includes three cards, contributing to the company’s impressive milestone of manufacturing over one million cards since its launch.

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Tangem demonstrated its commitment to the Shiba Inu community by launching a special edition wallet in 2021, which resonated with the community and led to 5,000 pre-orders. The successful rollout saw the first batch shipped in July 2023.

Read Also: Release Date for 5,000 Shiba Inu (SHIB) Cold Wallets Revealed

Tangem further expanded its support for SHIB by integrating it as a payment method and manufacturing customized wallets for Shiba Inu’s partner, Bad Idea AI.

Tangem Pay’s upcoming launch will mark a significant development in cryptocurrency usability and real-world application. By enabling direct crypto payments at millions of merchants, Tangem Pay paves the way for a future where cryptocurrencies can be used as easily as traditional payment methods. This integration with Visa, a global payments leader, further legitimizes cryptocurrency use and boosts mainstream adoption potential.

Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Times Tabloid is not responsible for any financial losses.

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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.

Tired of a messy crypto portfolio? We've got you covered. In October, you will be able to sort your tokens in any order that suits you best.

Sort by balance or manually, and also group by network.

Tailor your portfolio to your unique style. Your crypto, Your way! pic.twitter.com/LYbbLoDX1W

— Tangem (@Tangem) September 15, 2023

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.

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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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