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The Shiba Inu is now available on Bitso, Mexico’s largest cryptocurrency exchange

Bitso, Mexico’s largest cryptocurrency exchange, has announced that Shiba Inu (SHIB), an Ethereum-based cryptocurrency, is now accessible for trade on its platform.

Additionally, The listing was first teased by the exchange in late December.

More so, Bitso now allows traders to trade 16 other cryptocurrencies, including Compound (COMP), Axie Infinity (AXS), Chainlink (LINK), and more. More so, The original meme cryptocurrency, Dogecoin (DOGE), is conspicuously absent from the list.

Furthermore, Bitso became the first cryptocurrency unicorn in May 2021. That’s, after obtaining $250 million in a Series C fundraising round from investors including Tiger Global. Which is a venture capital firm, and Coatue Management, a $48 billion hedge fund. It was valued at $2.2 billion at the time.

As part of its Bitso Shift effort, the company partnered with crypto behemoth Circle in November. Additionally, This is to enable cross-border payments between Mexico and the United States. Then, Bitso has also been a long-time partner of Ripple, a blockchain business based in San Francisco.

Lastly, The Latin American crypto unicorn announced a three-year agreement with Sao Paulo FC, a Brazilian professional football (soccer) club, earlier this month.

Related Posts – Ex-SEC Chair, Jay Clayton Believes Cryptocurrency Industry Is For Long Haul

Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. Crypto is not a legal tender and is subject to market risks. Readers are advised to seek expert advice and read offer document(s) along with related important literature on the subject carefully before making any kind of investment whatsoever. Crypto market predictions are speculative and any investment made shall be at the sole cost and risk of the readers.